25 Lake Street #7HWhite 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 25 Lake Street #7H, White Plains, NY, 10603 uses $97,793 cash to close to unlock $167/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $1,444/mo payment keeps the spread at $14/mo. Purchase price stands at $295,000, and rental yield measures 8.07% with $1,984/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 104.39% and total cumulative return in cash records $102,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1968
4,792 sqft 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: Nina Glorie-Severino • HomeSmart Homes & Estates
Mls Name: OneKey MLS
Mls ID: #939735