23 Old Mamaroneck Road #2P,White Plains,NY,10605

Investment Highlights

Investment property for sale in White Plains at 23 Old Mamaroneck Road #2P, White Plains, NY, 10605 offers a 9.04% rental yield on a $168,000 purchase with $1,266/mo rent. Total monthly income registers $1,266/mo, and a $822/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,733/yr on $55,692 to close, and return on cash invested stands at 23.02% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 120.22% and total cumulative return in cash at $66,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,266/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.