Rental yield

>I was told told studios near Columbia are very good in that respect.

C0lumbia C0unty?

Can you time-travel?

I agree with alanhart / dealboy.

Forget Manhattan if you want yield. Studios near Columbia may make a slightly higher yield, but the problem with studios and one bedrooms is that they have a high renter turnover rate so you have to build in painting and repairs and a month of lost income to find a renter every one to two years. For yield go to NJ or Long Island you have more stability in tenants and you can get a 6 to 8% return versus half that in NY if your lucky

Thank you aalsberg but that s why I mentioned a little bit of long term appreciation potential (I strongly doubt that a house in NJ, which can be built pretty much everywhere very easily at construction costs, will appreciate as well as Manhattan apts).