22 Lawrence Drive #CWhite 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 22 Lawrence Drive #C, White Plains, NY, 10603 listed at $159,900 pairs $1,257/mo rent with a $783/mo payment to leave $189/mo cash flow. Total monthly income runs $1,257/mo, and annual cash flow reaches $2,266/yr on $53,007 cash to close. Return on cash invested measures 24.18% in year one, and rental yield registers 9.43% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 126.43% and total cumulative return in cash totals $67,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,257/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
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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Listed by: Bradley Schneider • Century 21 Elite Realty
Mls Name: OneKey MLS
Mls ID: #931719