10 Franklin Avenue #2GWhite 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
Investment property for sale in White Plains at 10 Franklin Avenue #2G, White Plains, NY, 10601 with 5% annual appreciation on a $329,000 basis while $2,317/mo rent supports operations. Total monthly income totals $2,317/mo and a $1,610/mo payment preserves $120/mo for cash returns. Annual cash flow comes to $1,443/yr on $109,064 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 8.45%. Five-year ROI measures 110.61% and total cumulative return in cash totals $120,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,317/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1954
0.77 Acres 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: Roman Kwarta • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls ID: #952641