9020 W River Rd, Palmyra, VA, 22963 | $276/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

9020 W River Rd, Palmyra, VA, 22963 | $276/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
5880 sft

6526 Rockfish River Rd, Schuyler, VA, 22969

3 Bed
2 Bath
1358 sft

Blackwell Rd, Buckingham, VA, 24590

2 Bed
2 Bath
1450 sft

35 Paynes Landing Rd, Scottsville, VA, 24590

4 Bed
3 Bath
2500 sft

2812 Troublesome Creek Rd, Dillwyn, VA, 23936

Nearby investment properties with comparable prices

3 Bed
2 Bath
1478 sft

200 Blick Ln, Howardsville, VA, 24562

3 Bed
2 Bath
1358 sft

Jerusalem Church Rd, Buckingham, VA, 23921

3 Bed
2 Bath
1358 sft

Blackwell Rd, Buckingham, VA, 24590

- Bed
- Bath
- sft

Hundley Branch Rd, Scottsville, VA, 24590

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Palmyra at 9020 W River Rd, Palmyra, VA, 22963 offers a 8.22% rental yield on a $315,000 purchase with $2,159/mo rent. Total monthly income registers $2,159/mo, and a $1,542/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,309/yr on $104,423 to close, and return on cash invested stands at 23.08% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 119.58% and total cumulative return in cash at $124,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,159/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

1 Acres lot

$N/A/sqft

No HOA

More details about the property

This inviting 3-bedroom, 1,296 sq. ft. brick home offers comfortable living in a peaceful Fluvanna County setting. The solid construction and thoughtful layout make it an ideal choice for families, first-time buyers, or anyone looking to enjoy both indoor and outdoor living. Inside, youll find a bright living area, three bedrooms, and a functional kitchen with space for dining. The full basement provides potential to expand your living space. A large, detached garage adds convenience for additional storage, while the large covered back deck creates the perfect spot for relaxing, entertaining, or enjoying the surrounding nature. Situated in a quiet location with easy access to local amenities and commuting routes, this home combines charm, practicality, and value.

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