321 W 15th St #1Riviera 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 321 W 15th St #1, Riviera Beach, FL, 33404 uses $104,754 cash to close to unlock $23,480/yr annual cash flow and $1,957/mo monthly cash flow. Total monthly income runs $4,054/mo, and a $1,547/mo payment keeps the spread at $1,957/mo. Purchase price stands at $315,999, and rental yield measures 15.39% with $4,054/mo rent. Return on cash invested shows 42.32% in year one, and 5% annual appreciation builds toward $87,305 over five years. Five-year ROI reaches 223.64% and total cumulative return in cash records $234,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,054/mo property income covering a $1,547/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,421 sqft lot
$N/A/sqft
No HOA
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Listed by: KEVIOUS DOUGLAS • RICHARD PETERS REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3551791
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511