Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 534 Jefferson Dr, Palmyra, VA, 22963 offers a 9% rental yield on a $356,000 purchase with $2,670/mo rent. Total monthly income registers $2,670/mo, and a $1,742/mo payment leaves $439/mo available for distribution. Annual cash flow reaches $5,270/yr on $118,014 to close, and return on cash invested stands at 24.37% in year one. Equity gained on principal adds $2,297/yr while 5% annual appreciation supports $98,356 over five years. Portfolio math shows five-year ROI at 126.91% and total cumulative return in cash at $149,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,670/mo property income against a $1,742/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
$1,238 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 |
|---|---|---|
| 2025-03-21 | Listed for sale | $356,000 |
| 2023-04-27 | Sold | $336,500 |
| 2023-03-14 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $2010.41 | N/A | $238,200 | 17.11% |
| 2022-03-24 | N/A | N/A | $203,400 | N/A |
| 2021-03-24 | N/A | N/A | $203,400 | N/A |
Listed by: Christy Beck • LONG & FOSTER - LAKE MONTICELLO
Mls Name: CAAR
Mls Provider:
Mls ID: #661965
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.
