240 Riverside Blvd APT 12DNew YorkNY10069
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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 New York at 240 Riverside Blvd APT 12D, New York, NY, 10069 offers a 3.56% rental yield on a $1,895,000 purchase with $5,618/mo rent. 62% in year one. Equity gained on principal adds $12,228/yr while 5% annual appreciation supports $523,554 over five years. Portfolio math shows five-year ROI at 12.13% and total cumulative return in cash at $74,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,618/mo property income against a $9,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$2,046 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,183
Single Family
1
Multi-Family
4,182
Businesses
39
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