614 Woodland Hills RoadWhite 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 614 Woodland Hills Road, White Plains, NY, 10603 priced at $435,000 converts $4,320/mo rent into $1,415/mo cash flow after a $2,129/mo obligation. Total monthly income equals $4,320/mo, and annual cash flow totals $16,983/yr on $144,203 invested. Return on cash invested prints 31.69% in year one, and rental yield reads 11.92% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 166.66% and total cumulative return in cash sums $240,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,320/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Condo
Built in 1968
436 sqft 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: Arlene Nembhard • Amen Realty Services
Mls Name: OneKey MLS
Mls ID: #938824