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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% |
Rental property for sale in Palmyra at 8 Loblolly Rd, Palmyra, VA, 22963 priced at $309,500 pairs $2,125/mo rent with $275/mo cash flow after a $1,515/mo payment. Total monthly income equals $2,125/mo, and annual cash flow comes to $3,297/yr on $102,599 invested. Return on cash invested is 23.12% in year one, and rental yield stands at 8.24% on a $309,500 basis. Equity gained on principal adds $1,997/yr, and 5% annual appreciation accumulates to $85,509 by year five. Five-year ROI measures 119.78% and total cumulative return in cash reaches $122,898. For financing, Ziffy Mortgage’s DSCR program evaluates $2,125/mo property income against a $1,515/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
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: JAY HURDLE • RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #671392
