








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 Out Of Bounds Rd, Palmyra, VA, 22963 at $425,000 posts ROI 17.91% with from $2,422/mo rent. Total monthly income equals $2,422/mo. Return on cash invested measures 17.91% and rental yield reads 6.84% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 92.18% and total cumulative return in cash totals $129,869. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.39 Acres lot
$N/A/sqft
$1,400 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $425,000 |
| 2018-11-07 | Sold | $275,000 |
| 2018-09-22 | Pending sale | $274,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-28 | $2326.91 | N/A | $275,700 | 17.27% |
| 2022-05-28 | N/A | N/A | $235,100 | N/A |
| 2021-05-28 | N/A | N/A | $235,100 | N/A |



Listed by: Curt Reichstetter • Two Dog Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2514664
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.