2 Westchester Avenue #3QWhite 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
Rental property for sale in White Plains at 2 Westchester Avenue #3Q, White Plains, NY, 10601 priced at $259,900 pairs $1,774/mo rent with $39/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,774/mo, and annual cash flow comes to $462/yr on $86,157 invested. Return on cash invested is 20.45% in year one, and rental yield stands at 8.19% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 106.38% and total cumulative return in cash reaches $91,654. For financing, Ziffy Mortgage’s DSCR program evaluates $1,774/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1927
1.94 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: Pia Markel • DRS Realty Group, LLC
Mls Name: OneKey MLS
Mls ID: #949743