4407 Hemlock DriveRiviera BeachFL33410
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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 4407 Hemlock Drive, Riviera Beach, FL, 33410 offers a 10.86% rental yield on a $445,000 purchase with $4,027/mo rent. Total monthly income registers $4,027/mo, and a $2,178/mo payment leaves $1,074/mo available for distribution. Annual cash flow reaches $12,888/yr on $147,518 to close, and return on cash invested stands at 28.65% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 150.27% and total cumulative return in cash at $221,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,027/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
1,869 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Mikenson Jean • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11145469