








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 539 Nahor Manor Rd, Palmyra, VA, 22963 listed at $320,000 pairs $2,020/mo rent with a $1,566/mo payment to leave $107/mo cash flow. Total monthly income runs $2,020/mo, and annual cash flow reaches $1,288/yr on $106,080 cash to close. Return on cash invested measures 21.12% in year one, and rental yield registers 7.58% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 109.11% and total cumulative return in cash totals $115,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,020/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
1.04 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-23 | Sold | $320,000 |
| 2025-06-20 | Pending sale | $320,000 |
| 2025-06-12 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-24 | $746.94 | N/A | $88,500 | 8.72% |
| 2022-10-24 | N/A | N/A | $81,400 | N/A |
| 2021-10-24 | N/A | N/A | $81,400 | N/A |



Listed by: MAZI VOGLER • TOWN REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #665743