16 Herbert AvenueWhite PlainsNY10606
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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 16 Herbert Avenue, White Plains, NY, 10606 priced at $1,450,000 pairs $6,480/mo rent with after a $7,097/mo payment. Total monthly income equals $6,480/mo. Return on cash invested is 12.19% in year one, and rental yield stands at 5.36% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 62.01% and total cumulative return in cash reaches $291,309. For financing, Ziffy Mortgage’s DSCR program evaluates $6,480/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10606, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,619 (100%) |
| Owner Occupied HU | 2,360 (35.7%) |
| Renter Occupied HU | 3,802 (57.4%) |
| Vacant Housing Units | 457 ( 6.9%) |
| Median Home Value | $722,564 |
| Average Home Value | $808,559 |
Housing Distribution
Address Breakdown
Residential
6,038
Single Family
2,946
Multi-Family
3,092
Businesses
381
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Listed by: Jeremy Zucker • Keller Williams NY Realty
Mls Name: OneKey MLS
Mls ID: #953379