4 Martine Avenue #502White 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 4 Martine Avenue #502, White Plains, NY, 10606 listed at $489,900 pairs $2,950/mo rent with a $2,398/mo payment. Total monthly income runs $2,950/mo. Return on cash invested measures 17.53% in year one, and rental yield registers 7.23% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 90.75% and total cumulative return in cash totals $147,377. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,950/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A 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: Johan Tolagomez • Keller Williams Realty Group
Mls Name: OneKey MLS
Mls ID: #927701