5080 N Ocean Drive #22aRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 5080 N Ocean Drive #22a, Riviera Beach, FL, 33404 in Riviera Beach is the 1.79 coverage ratio: rent of $11,999/mo versus a $6,722/mo debt payment on a $1,495,000 property. Rental yield 9.63%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $413,041 by year five, with $13,769/yr in equity from paydown. Total projected cumulative return: $552,719.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $(436) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,999 |
| Total Monthly Debt Service | $11,840 |
| DSCR Ratio | 1.01x |
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.
Condo
Built in 1984
N/A lot
$N/A/sqft
$2,007 monthly HOA
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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
Condo
Built in 1984
N/A lot
$N/A/sqft
$2,007 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices