5 Renaissance Sq APT 28BWhite PlainsNY10601
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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 5 Renaissance Sq APT 28B, White Plains, NY, 10601 offers $6,992/mo rent that, after a $5,177/mo payment. Total monthly income is $6,992/mo. Return on cash invested measures 13.88% in year one, and rental yield stands at 7.93% at a $1,057,800 entry. Equity gained on principal adds $6,826/yr while 5% annual appreciation compounds into $292,251 by year five. Five-year ROI records 73.32% and total cumulative return in cash reaches $251,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,992/mo property income versus a $5,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,783 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10601, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 1,958 (24.0%) |
| Renter Occupied HU | 4,813 (58.9%) |
| Vacant Housing Units | 1,398 (17.1%) |
| Median Home Value | $421,271 |
| Average Home Value | $595,928 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
381
Multi-Family
5,723
Businesses
1,344
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