5380 N Ocean Dr APT 10DRiviera 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 5380 N Ocean Dr APT 10D, Riviera Beach, FL, 33404 listed at $1,899,999 pairs $5,937/mo rent with a $9,300/mo payment. Total monthly income runs $5,937/mo. Return on cash invested measures 6.25% in year one, and rental yield registers 3.75% at a $1,899,999 basis. Equity gained on principal adds $12,260/yr, and annual property appreciation at 5% supports $524,935 by year five. Five-year ROI tracks 30.51% and total cumulative return in cash totals $187,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,937/mo property income relative to a $9,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
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Listed by: Greg Forest • Sotheby's International Realty, Inc.
Mls Name: Palm Beach BOR
Mls ID: #24-1073
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