241 W 27th StreetRiviera BeachFL33404
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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 241 W 27th Street, Riviera Beach, FL, 33404 uses $111,053 cash to close to unlock $8,670/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,640/mo payment keeps the spread at $723/mo. Purchase price stands at $335,000, and rental yield measures 10.55% with $2,946/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 145.31% and total cumulative return in cash records $161,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,934 sqft lot
$N/A/sqft
No HOA
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Listed by: Darryl E Leonard • Palm Beach Pref Properties
Mls Name: BeachesMLS
Mls ID: #RX-11159566