1229 Abaco LnRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1229 Abaco Ln, Riviera Beach, FL, 33404 in Riviera Beach at $295,000 earns $2,603/mo in rent and nets $24/mo after the $1,327/mo payment, a 10.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $81,503 over five years. Ziffy Mortgage underwrites this on a 1.96 DSCR without U.S. credit history. With $2,717/yr in principal paydown, total projected return reaches $116,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $24 | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,603 |
| Total Monthly Debt Service | $2,462 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$334 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$334 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Tequia • Binter Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11690541
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