8 Bridlewood DrPalmyraVA22963
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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 8 Bridlewood Dr, Palmyra, VA, 22963 offers a 11.43% rental yield on a $475,000 purchase with $4,523/mo rent. Total monthly income registers $4,523/mo, and a $2,325/mo payment leaves $1,586/mo available for distribution. Annual cash flow reaches $19,037/yr on $157,463 to close, and return on cash invested stands at 32% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 167.67% and total cumulative return in cash at $264,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,523/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.53 Acres lot
$N/A/sqft
$1,164 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
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Listed by: Jamie White • JAMIE WHITE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #657893
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.