3651 Palm DriveRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.64% gross rental yield, 3651 Palm Drive, Riviera Beach, FL, 33404 in Riviera Beach is priced for capital growth, not immediate cash flow. The $1,100,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $303,910 by year five, with $10,131/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.86) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $223,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(3,047) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,253 |
| Total Monthly Debt Service | $6,862 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1969
9,768 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 1969
9,768 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Rinaldi • EXP Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11162952
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.