2 Soundview Avenue #2DWhite 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 2 Soundview Avenue #2D, White Plains, NY, 10606 generates $2,035/mo in rent and, after a $1,468/mo payment, leaves $32/mo in cash flow. Total monthly income is $2,035/mo, and annual cash flow is $384/yr on $99,450 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 8.14% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash sums $104,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,035/mo property income rather than buyer’s personal income.
Condo
Built in 1953
2.49 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: Steven Geiger • William Raveis Real Estate
Mls Name: OneKey MLS
Mls ID: #948102