3919 Ruritan Lake Rd, Palmyra, VA, 22963 | 7.16% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3919 Ruritan Lake Rd, Palmyra, VA, 22963 | 7.16% Rental Yield | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Airbnb Potential+ 1 more

3 Bed
4 Bath
2346 sft

4122 Green Creek Rd, Schuyler, VA, 22969

5 Bed
4 Bath
3100 sft

6308 Jefferson Mill Rd, Scottsville, VA, 24590

4 Bed
3 Bath
1705 sft

1090 Briery Farm Rd, Scottsville, VA, 24590

5 Bed
4 Bath
3080 sft

1889 Pond Rd, Buckingham, VA, 23921

Nearby investment properties with comparable prices

- Bed
- Bath
- sft

274 & 315 River Bend Ln, Buckingham, VA, 23921

4 Bed
3 Bath
3134 sft

7928A Howardsville Rd, Howardsville, VA, 24562

4 Bed
2 Bath
2336 sft

5706 Irish Rd, Schuyler, VA, 22969

3 Bed
3 Bath
2392 sft

3320 Long Acre Rd, Palmyra, VA, 22963

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Palmyra at 3919 Ruritan Lake Rd, Palmyra, VA, 22963 offers a 7.16% rental yield on a $552,500 purchase with $3,295/mo rent. 01% in year one. Equity gained on principal adds $3,565/yr while 5% annual appreciation supports $152,646 over five years. Portfolio math shows five-year ROI at 103.08% and total cumulative return in cash at $187,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,295/mo property income against a $2,704/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2001

3.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Country living at its best! Gorgeous Colonial on a sprawling, park-like, 3.4 acre lot with no HOA fees. Enjoy beautiful views & ample sunlight from large windows throughout. With 3 bedrooms, 2.5 baths, 2 large bonus rooms, & nearly 2,900 finished square feet. The primary bedroom features vaulted ceilings, a walk-in closet and a spa-like en-suite with a jetted garden tub. Laundry conveniently located on 2nd floor. Kitchen includes stainless steel appliances, gas stove & separate freezer. Kitchen opens to a breakfast nook with beautiful views through the sliding glass doors leading to the rear deck. Expansive living room w/gas fireplace, perfect for snowy winter days. Property includes large barn w/2 horse stalls, tack room and 2nd story for abundant storage. Capital shed, 12X24 above-ground pool, chicken coop and fenced-in garden. High speed fiber optic internet pre-installed. Hard to find all this in such a private setting, conveniently located minutes to shopping, schools, a public park for hiking. Ruritan Lake for boating and fishing, and a winery. This one is a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,330 (100%)
Owner Occupied HU	6,070 (82.8%)
Renter Occupied HU	755 (10.3%)
Vacant Housing Units	505 ( 6.9%)
Median Home Value	$328,349
Average Home Value	$376,623