1 Renaissance Square #20CWhite PlainsNY10601
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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
Investment Highlights
Rental property for sale in White Plains at 1 Renaissance Square #20C, White Plains, NY, 10601 priced at $1,515,000 converts $5,641/mo rent into after a $7,415/mo obligation. Total monthly income equals $5,641/mo. Return on cash invested prints 9.43% in year one, and rental yield reads 4.47% against a $1,515,000 entry. Equity gained on principal adds $9,776/yr, while 5% annual appreciation compiles into $418,567 by year five. Five-year ROI reaches 47.2% and total cumulative return in cash sums $231,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,641/mo property income covering a $7,415/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10601, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 1,958 (24.0%) |
| Renter Occupied HU | 4,813 (58.9%) |
| Vacant Housing Units | 1,398 (17.1%) |
| Median Home Value | $421,271 |
| Average Home Value | $595,928 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
381
Multi-Family
5,723
Businesses
1,344
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Listed by: Nancy Kennedy • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #929683