23 Old Mamaroneck Road Unit #2EWhite PlainsNY10605
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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 23 Old Mamaroneck Road Unit #2E, White Plains, NY, 10605 priced at $183,000 converts $2,647/mo rent into $547/mo cash flow after a $896/mo obligation. Total monthly income equals $2,647/mo, and annual cash flow totals $6,560/yr on $60,665 invested. Return on cash invested prints 30.72% in year one, and rental yield reads 17.36% against a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation compiles into $50,560 by year five. Five-year ROI reaches 167.8% and total cumulative return in cash sums $101,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,647/mo property income covering a $896/mo payment, not borrower’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$878 monthly HOA
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Listed by: Audrey K. Moore • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #897779
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-19 20:58:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)