907 Broken Island RdPalmyraVA22963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Palmyra at 907 Broken Island Rd, Palmyra, VA, 22963 earns from $4,496/mo rent with a $8,296/mo payment. Total monthly income totals $4,496/mo. ROI tracks 8.05% on current figures, and rental yield reads 3.18% at a $1,695,000 purchase. Equity gained on principal adds $10,938/yr, and 5% annual appreciation supports $468,297 over five years. Five-year ROI reaches 38.89% and total cumulative return in cash sums $213,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,496/mo property income instead of your personal income.
Single Family
Built in 1997
9.99 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices