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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 7 Englewood Dr, Palmyra, VA, 22963 at $374,797 posts ROI 25.21% with $549/mo cash flow from $2,789/mo rent. Total monthly income equals $2,789/mo, and annual cash flow records $6,588/yr on $124,245 to close. Return on cash invested measures 25.21% and rental yield reads 8.93% at the current $374,797. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,550 by year five. Five-year ROI prints 130.99% and total cumulative return in cash totals $162,743.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,789/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.34 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JAMES DICKERSON • CHARLOTTESVILLE SOLUTIONS
Mls Name: CAAR
Mls ID: #666861
