310 W 16th Way, Riviera Beach, FL, 33404 | $513/mo Cash Flow

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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 Riviera Beach at 310 W 16th Way, Riviera Beach, FL, 33404 offers a 9.72% rental yield on a $349,999 purchase with $2,836/mo rent. Total monthly income registers $2,836/mo, and a $1,713/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,161/yr on $116,025 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,698 over five years. Portfolio math shows five-year ROI at 131.91% and total cumulative return in cash at $153,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,836/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

8,140 sqft lot

$N/A/sqft

No HOA