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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 43 Chippewa Ln, Palmyra, VA, 22963 at $265,000 posts ROI 23.14% with $236/mo cash flow from $1,926/mo rent. Total monthly income equals $1,926/mo, and annual cash flow records $2,836/yr on $87,848 to close. Return on cash invested measures 23.14% and rental yield reads 8.72% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 120.42% and total cumulative return in cash totals $105,783.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,926/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
$1,267 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $1408.64 | N/A | $166,900 | 19.81% |
| 2022-04-04 | N/A | N/A | $139,300 | N/A |
| 2021-04-04 | N/A | N/A | $139,300 | N/A |
Listed by: Sasha Tripp • STORY HOUSE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #662602
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.
