16 N Broadway #1CWhite 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 16 N Broadway #1C, White Plains, NY, 10601 listed at $249,000 pairs $1,986/mo rent with a $1,219/mo payment to leave $323/mo cash flow. Total monthly income runs $1,986/mo, and annual cash flow reaches $3,875/yr on $82,544 cash to close. Return on cash invested measures 24.6% in year one, and rental yield registers 9.57% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 128.65% and total cumulative return in cash totals $106,196. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,986/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1954
1.35 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: Jason Kerwar • William Raveis-New York, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #802628
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