2022 Bonisle CircleRiviera BeachFL33418
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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 2022 Bonisle Circle, Riviera Beach, FL, 33418 with 5% annual appreciation on a $498,650 basis while $3,880/mo rent supports operations. Total monthly income totals $3,880/mo and a $2,441/mo payment preserves $571/mo for cash returns. Annual cash flow comes to $6,846/yr on $165,302 deployed, and return on cash invested reaches 24.05% in year one. Equity gained on principal adds $3,218/yr, and five-year appreciation sums $137,768 alongside rental yield of 9.34%. Five-year ROI measures 125.64% and total cumulative return in cash totals $207,688.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,880/mo property income versus a $2,441/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
5,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Albert O Mazmanian • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11133262