120 Riverside Blvd APT 3P, New York, NY, 10069 | 9.12% Rental Yield

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120 Riverside Blvd APT 3P, New York, NY, 10069 | 9.12% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 120 Riverside Blvd APT 3P, New York, NY, 10069 listed at $1,100,000 pairs $8,364/mo rent with a $5,384/mo payment. Total monthly income runs $8,364/mo. Return on cash invested measures 20.1% in year one, and rental yield registers 9.12% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 105.8% and total cumulative return in cash totals $377,059. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,364/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2004

N/A lot

$N/A/sqft

$1,097 monthly HOA

More details about the property

Enjoy your very own private terrace! This bright and sunny 725 square foot home with 417 square feet of outdoor space features oversized windows, hardwood floors, pass through kitchen with top-of-the-line stainless steel appliances, marble bath and washer/dryer. Located in one of the most coveted luxury condominiums buildings, residents of 120 Riverside Boulevard enjoy first class amenities such as 24-hour white-glove concierge, security, and engineering staff, health spa and fitness center equipped with a Pilates room, aerobics room, pool, Jacuzzi, steam, sauna, and massage rooms, rooftop terrace and lounge, children's playroom, and billiard/media room.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10069, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,768 (100%)
Owner Occupied HU	1,886 (32.7%)
Renter Occupied HU	2,707 (46.9%)
Vacant Housing Units	1,175 (20.4%)
Median Home Value	$1,209,607
Average Home Value	$1,309,651