1511 W 32nd StreetRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1511 W 32nd Street, Riviera Beach, FL, 33404 in Riviera Beach: $2,615/mo in rent, $1,095/mo net, 14.59% gross yield, all on a $215,000 acquisition. The 2.70 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $59,401 in value, and $1,980/yr in principal paydown steadily builds equity. Projected total cumulative return: $152,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 6.0% |
| Monthly Cash Flow | $1,095 | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,615 |
| Total Monthly Debt Service | $1,434 |
| DSCR Ratio | 1.82x |
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.
Single Family
Built in 1960
5,501 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1960
5,501 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Georgette Laguerre • Realty ONE Group Innovation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11092602
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.