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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 Ponderosa Ln, Palmyra, VA, 22963 earns from $2,472/mo rent with a $2,398/mo payment. Total monthly income totals $2,472/mo. ROI tracks 15.77% on current figures, and rental yield reads 6.06% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 80.68% and total cumulative return in cash sums $131,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,472/mo property income instead of your personal income.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
$1,237 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 |
|---|---|---|
| 2024-08-10 | Listed for sale | $489,900 |
| 2024-08-10 | Listing removed | $489,900 |
| 2024-07-17 | Pending sale | $489,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-17 | N/A | N/A | $239,700 | N/A |
| 2021-10-17 | N/A | N/A | $239,700 | N/A |
| 2020-10-17 | N/A | N/A | $239,700 | 0.04% |
Listed by: The Gunnels Group • LONG & FOSTER - LAKE MONTICELLO
Mls Name: CAAR
Mls Provider:
Mls ID: #654906
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.
