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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmyra at 4 Lakeview Cir, Palmyra, VA, 22963 at $920,000 posts ROI 11.07% with from $3,354/mo rent. Total monthly income equals $3,354/mo. Return on cash invested measures 11.07% and rental yield reads 4.37% at the current $920,000. Equity gained on principal adds $5,937/yr, and 5% annual appreciation supports $254,179 by year five. Five-year ROI prints 55.31% and total cumulative return in cash totals $167,415. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,354/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.30 Acres lot
$N/A/sqft
$1,459 annually HOA
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
| 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 |
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Date | Event | Price |
|---|---|---|
| 2025-08-12 | Listed for sale | $920,000 |
| 2004-07-29 | Sold | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4977.07 | N/A | $589,700 | 11.35% |
| 2022-08-13 | N/A | N/A | $529,600 | N/A |
| 2021-08-13 | N/A | N/A | $529,600 | N/A |
Listed by: VICKI WILSON • MONTICELLO COUNTRY REAL ESTATE, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #667853
