321 W 15th St #1Riviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 321 W 15th St #1, Riviera Beach, FL, 33404 in Riviera Beach speaks for itself: 15.39% gross on a $315,999 price, generating $4,054/mo in rent and $1,957/mo in net income after the $1,421/mo debt service. DSCR 2.85, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $23,479 stacks alongside $87,305 in projected five-year appreciation and $2,910/yr in principal reduction. Projected total cumulative return: $246,386.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 6.0% |
| Monthly Cash Flow | $1,957 | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,054 |
| Total Monthly Debt Service | $1,971 |
| DSCR Ratio | 2.06x |
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 1953
6,421 sqft lot
$N/A/sqft
No HOA
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 1953
6,421 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices