500 Pondside Drive #2HWhite PlainsNY10607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Drive #2H, White Plains, NY, 10607 offers a 15.03% rental yield on a $364,000 purchase with $4,560/mo rent. Total monthly income registers $4,560/mo, and a $1,782/mo payment leaves $2,129/mo available for distribution. Annual cash flow reaches $25,546/yr on $120,666 to close, and return on cash invested stands at 41.08% in year one. Equity gained on principal adds $2,349/yr while 5% annual appreciation supports $100,566 over five years. Portfolio math shows five-year ROI at 217.02% and total cumulative return in cash at $261,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,560/mo property income against a $1,782/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alfonso M. Vanacoro • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls ID: #917945