13 Granada Cres APT 7White PlainsNY10603
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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 13 Granada Cres APT 7, White Plains, NY, 10603 offers a 9.97% rental yield on a $491,700 purchase with $4,085/mo rent. Total monthly income registers $4,085/mo, and a $2,407/mo payment leaves $801/mo available for distribution. Annual cash flow reaches $9,614/yr on $162,999 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $3,173/yr while 5% annual appreciation supports $135,848 over five years. Portfolio math shows five-year ROI at 135.13% and total cumulative return in cash at $220,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,085/mo property income against a $2,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10603, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,480 (100%) |
| Owner Occupied HU | 4,464 (59.7%) |
| Renter Occupied HU | 2,663 (35.6%) |
| Vacant Housing Units | 353 ( 4.7%) |
| Median Home Value | $608,558 |
| Average Home Value | $611,183 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
3,875
Multi-Family
3,265
Businesses
540
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