








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 42 Cliftwood Rd, Palmyra, VA, 22963 at $849,000 posts ROI 6.65% with from $2,076/mo rent. Total monthly income equals $2,076/mo. Return on cash invested measures 6.65% and rental yield reads 2.93% at the current $849,000. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 by year five. Five-year ROI prints 31.64% and total cumulative return in cash totals $88,388. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
1.83 Acres lot
$N/A/sqft
$1,464 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $849,000 |
| 1996-03-01 | Sold | $35,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $4427.62 | N/A | $524,600 | 9.34% |
| 2022-04-24 | N/A | N/A | $479,800 | N/A |
| 2021-04-24 | N/A | N/A | $479,800 | N/A |



Listed by: Diane Miller • LONG & FOSTER - LAKE MONTICELLO
Mls Name: CAAR
Mls Provider:
Mls ID: #663466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.