2558 Canterbury Dr SRiviera BeachFL33407
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2558 Canterbury Dr S, Riviera Beach, FL, 33407 in Riviera Beach is a solid income-producing rental, 9.57% gross yield, $3,748/mo rent, $629/mo net cash flow on a $470,000 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $129,852 and $4,329/yr in principal reduction project a total cumulative return of $219,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $629 | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,748 |
| Total Monthly Debt Service | $2,932 |
| DSCR Ratio | 1.28x |
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 1982
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
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 1982
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Eric Berman • Brown Harris Stevens of Palm Beach 7232
Mls Name: Palm Beach BOR
Mls ID: #25-909
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.