75 Ponderosa LnPalmyraVA22963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palmyra at 75 Ponderosa Ln, Palmyra, VA, 22963 listed at $426,900 pairs $3,192/mo rent with a $2,089/mo payment to leave $538/mo cash flow. Total monthly income runs $3,192/mo, and annual cash flow reaches $6,456/yr on $141,517 cash to close. Return on cash invested measures 24.47% in year one, and rental yield registers 8.97% at a $426,900 basis. Equity gained on principal adds $2,755/yr, and annual property appreciation at 5% supports $117,945 by year five. Five-year ROI tracks 127.37% and total cumulative return in cash totals $180,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,192/mo property income relative to a $2,089/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
$1,230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Iris Helfrich • MONTICELLO COUNTRY REAL ESTATE, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #657557
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.