9 Brougham Rd, Palmyra, VA, 22963 | $368/mo Cash Flow

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9 Brougham Rd, Palmyra, VA, 22963 | $368/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palmyra at 9 Brougham Rd, Palmyra, VA, 22963 offers a 8.4% rental yield on a $359,900 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,762/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,417/yr on $119,307 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 122.45% and total cumulative return in cash at $146,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1994

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

New On The Market! This beautiful well maintained home in Lake Monticello has been lovingly upgraded with paint, flooring, lighting, plantation shutters, white cabinets and more. Enjoy easy living with Main Level 3 bedrooms, 2 bathrooms, living room with gas fireplace, white kitchen with granite, an abundance of cabinet space, gas stove, 2023 refrigerator and microwave, and eat-in breakfast bar opening to dining room with hardwood floors and wonderful four season sunroom overlooking wooded privacy. There is an over-sized two car garage, screened porch, large patio with hot tub for outdoor entertainment, all surrounded by pristine landscaping and natural area. The terrace level is currently used as combination unfinished family media area & craft/workshop, allowing buyer room to expand as desired. Drop down stairs to large floored attic offers additional storage space. Driveway is paved with multiple extra spaces. This home is 1 mile to Turkeysag Gate, easy access to shopping, schools, county park and only 25 minutes to Charlottesville. Lake living is fun for all with beaches, pool, tennis, golf, playgrounds, community events, plus trash/recycling included. Don't miss this one!

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