9 Ridgeview AvenueWhite 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
Rental property for sale in White Plains at 9 Ridgeview Avenue, White Plains, NY, 10606 offers $4,610/mo rent that, after a $5,996/mo payment. Total monthly income is $4,610/mo. Return on cash invested measures 9.57% in year one, and rental yield stands at 4.52% at a $1,225,000 entry. Equity gained on principal adds $7,905/yr while 5% annual appreciation compounds into $338,445 by year five. Five-year ROI records 47.98% and total cumulative return in cash reaches $190,440. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,610/mo property income versus a $5,996/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
9,148 sqft 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: Joanne Delanoy • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #939643