63 Grant AvenueWhite 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 63 Grant Avenue, White Plains, NY, 10603 priced at $785,000 pairs $3,270/mo rent with after a $3,842/mo payment. Total monthly income equals $3,270/mo. Return on cash invested is 10.9% in year one, and rental yield stands at 5% on a $785,000 basis. Equity gained on principal adds $5,065/yr, and 5% annual appreciation accumulates to $216,881 by year five. Five-year ROI measures 55.14% and total cumulative return in cash reaches $142,418. For financing, Ziffy Mortgage’s DSCR program evaluates $3,270/mo property income against a $3,842/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1926
6,098 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: Barbara Zakrzewski • Mary Jane Pastor Realty
Mls Name: OneKey MLS
Mls ID: #938916