24 McKinley AvenueWhite 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
Investment property for sale in White Plains at 24 McKinley Avenue, White Plains, NY, 10606 offers a 11.72% rental yield on a $675,773 purchase with $6,600/mo rent. Total monthly income registers $6,600/mo, and a $3,308/mo payment leaves $2,087/mo available for distribution. Annual cash flow reaches $25,042/yr on $222,329 to close, and return on cash invested stands at 31.32% in year one. Equity gained on principal adds $4,361/yr while 5% annual appreciation supports $186,704 over five years. Portfolio math shows five-year ROI at 164.67% and total cumulative return in cash at $366,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,600/mo property income against a $3,308/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
4,792 sqft 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: Hillary Donn • eXp Realty
Mls Name: OneKey MLS
Mls ID: #955928