5380 N Ocean Drive #19d, Riviera Beach, FL, 33404 | 2.22% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Riviera Beach at 5380 N Ocean Drive #19d, Riviera Beach, FL, 33404 offers a 2.22% rental yield on a $1,950,000 purchase with $3,607/mo rent. 64% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 10.75% and total cumulative return in cash at $67,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,607/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA