








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Palmyra at 5 Whinchat Ln, Palmyra, VA, 22963 priced at $350,000 converts $2,425/mo rent into $211/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,425/mo, and annual cash flow totals $2,535/yr on $116,025 invested. Return on cash invested prints 22.09% in year one, and rental yield reads 8.31% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 114.77% and total cumulative return in cash sums $133,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,425/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.50 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 |
|---|---|---|
| 2025-09-12 | Listed for sale | $350,000 |
| 2025-06-04 | Sold | $207,000 |
| 2025-04-20 | Pending sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $1875.37 | N/A | $222,200 | 14.89% |
| 2022-09-15 | N/A | N/A | $193,400 | N/A |
| 2021-09-15 | N/A | N/A | $193,400 | N/A |



Listed by: MARJORIE ADAM • BETTER HOMES & GARDENS R.E.-PATHWAYS
Mls Name: CAAR
Mls Provider:
Mls ID: #669018