1719 Terracotta Drive,Riviera Beach,FL,33404

Investment Highlights

Investment property for sale in Riviera Beach at 1719 Terracotta Drive, Riviera Beach, FL, 33404 listed at $280,000 pairs $2,344/mo rent with a $1,370/mo payment to leave $486/mo cash flow. Total monthly income runs $2,344/mo, and annual cash flow reaches $5,836/yr on $92,820 cash to close. Return on cash invested measures 26.2% in year one, and rental yield registers 10.05% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 137.18% and total cumulative return in cash totals $127,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,344/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).