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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 9 Lewis Ct, Palmyra, VA, 22963 at $395,000 posts ROI 18.9% with from $2,367/mo rent. Total monthly income equals $2,367/mo. Return on cash invested measures 18.9% and rental yield reads 7.19% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 97.53% and total cumulative return in cash totals $127,710. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,367/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.45 Acres lot
$N/A/sqft
$1,400 annually 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $395,000 |
| 2017-05-26 | Sold | $226,600 |
| 2017-03-13 | Price change | $224,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-25 | $2315.09 | N/A | $274,300 | 17.73% |
| 2022-06-25 | N/A | N/A | $233,000 | N/A |
| 2021-06-25 | N/A | N/A | $233,000 | N/A |
Listed by: Rusty Bowlin • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2517688
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
