500 Pondside Dr APT 3MWhite PlainsNY10607
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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 500 Pondside Dr APT 3M, White Plains, NY, 10607 uses $162,104 cash to close to unlock $8,675/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $3,988/mo, and a $2,393/mo payment keeps the spread at $723/mo. Purchase price stands at $489,000, and rental yield measures 9.79% with $3,988/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 132.17% and total cumulative return in cash records $214,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,988/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10607, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,601 (81.1%) |
| Renter Occupied HU | 471 (14.7%) |
| Vacant Housing Units | 136 ( 4.2%) |
| Median Home Value | $652,364 |
| Average Home Value | $724,542 |
Housing Distribution
Address Breakdown
Residential
2,421
Single Family
2,281
Multi-Family
140
Businesses
255
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