1116 W 32nd StRiviera BeachFL33404
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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 Riviera Beach at 1116 W 32nd St, Riviera Beach, FL, 33404 offers a 10.74% rental yield on a $290,000 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,419/mo payment leaves $672/mo available for distribution. Annual cash flow reaches $8,063/yr on $96,135 to close, and return on cash invested stands at 28.3% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 148.4% and total cumulative return in cash at $142,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5,584 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kenise Estime • Charles Rutenberg Realty FTL
Mls Name: BeachesMLS
Mls ID: #F10548092