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 590 Mount Burgha Ln, Palmyra, VA, 22963 with 5% annual appreciation on a $1,999,999 basis while $2,970/mo rent supports operations. 73% in year one. Equity gained on principal adds $12,906/yr, and five-year appreciation sums $552,563 alongside rental yield of 1.78%. Five-year ROI measures 15.7% and total cumulative return in cash totals $101,743. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,970/mo property income versus a $9,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1787
247 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 |
|---|---|---|
| 2024-10-21 | Price change | $1,999,999 |
| 2024-10-18 | Price change | $2,149,996 |
| 2024-10-13 | Price change | $2,174,996 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | N/A | N/A | $560,200 | N/A |
| 2021-11-11 | N/A | N/A | $560,200 | N/A |
| 2020-11-11 | N/A | N/A | $560,200 | 11.95% |
Listed by: Steve White • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #647345
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.
