1633 W 28th Street #A,Riviera Beach,FL,33404

Investment Highlights

Investment property for sale in Riviera Beach at 1633 W 28th Street #A, Riviera Beach, FL, 33404 offers a 9.39% rental yield on a $199,000 purchase with $1,557/mo rent. Total monthly income registers $1,557/mo, and a $974/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,837/yr on $65,969 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 126.52% and total cumulative return in cash at $83,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,557/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.