499 N Broadway #8FWhite 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
Rental property for sale in White Plains at 499 N Broadway #8F, White Plains, NY, 10603 generates $3,946/mo in rent and, after a $2,247/mo payment, leaves $880/mo in cash flow. Total monthly income is $3,946/mo, and annual cash flow is $10,565/yr on $152,159 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 10.32% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 140.73% and total cumulative return in cash sums $214,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,946/mo property income rather than buyer’s personal income.
Condo
Built in 1966
1.53 Acres 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: Angela Downey • Wish Real Estate Group LLC
Mls Name: OneKey MLS
Mls ID: #949845