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% |
Rental property for sale in Palmyra at 63 Fox Trot Ln, Palmyra, VA, 22963 offers $2,950/mo rent that, after a $3,304/mo payment. Total monthly income is $2,950/mo. Return on cash invested measures 14.2% in year one, and rental yield stands at 5.24% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 71.89% and total cumulative return in cash reaches $159,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,950/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5.98 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 |
|---|---|---|
| 2024-09-18 | Price change | $675,000 |
| 2024-08-09 | Listed for sale | $685,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-17 | N/A | N/A | $409,300 | N/A |
| 2021-10-17 | N/A | N/A | $409,300 | N/A |
| 2020-10-17 | N/A | N/A | $409,300 | 23.43% |
Listed by: Yvette Okros • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #655782
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.
