50 N Broadway #5CWhite 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 50 N Broadway #5C, White Plains, NY, 10603 priced at $389,000 converts $4,020/mo rent into $1,422/mo cash flow after a $1,904/mo obligation. Total monthly income equals $4,020/mo, and annual cash flow totals $17,067/yr on $128,954 invested. Return on cash invested prints 33.14% in year one, and rental yield reads 12.4% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 174.48% and total cumulative return in cash sums $224,994. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,020/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Condo
Built in 1940
N/A 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: Renata Douglass • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #918082