3000 N Ocean Dr UNIT PENTHOUSE D, Singer Island, FL, 33404 | 2.81% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Singer Island at 3000 N Ocean Dr UNIT PENTHOUSE D, Singer Island, FL, 33404 listed at $1,490,000 pairs $3,494/mo rent with a $7,293/mo payment. Total monthly income runs $3,494/mo. Return on cash invested measures 4.48% in year one, and rental yield registers 2.81% at a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and annual property appreciation at 5% supports $411,660 by year five. Five-year ROI tracks 20.58% and total cumulative return in cash totals $99,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,494/mo property income relative to a $7,293/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA