75 McKinley Avenue #B3-4White PlainsNY10606
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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 75 McKinley Avenue #B3-4, White Plains, NY, 10606 uses $115,694 cash to close to unlock $5,347/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $2,776/mo, and a $1,708/mo payment keeps the spread at $446/mo. Purchase price stands at $349,000, and rental yield measures 9.54% with $2,776/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash records $148,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,776/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10606, White Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,619 (100%) |
| Owner Occupied HU | 2,360 (35.7%) |
| Renter Occupied HU | 3,802 (57.4%) |
| Vacant Housing Units | 457 ( 6.9%) |
| Median Home Value | $722,564 |
| Average Home Value | $808,559 |
Housing Distribution
Address Breakdown
Residential
6,038
Single Family
2,946
Multi-Family
3,092
Businesses
381
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Listed by: Aileen P. Riordan • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #955861