5380 N Ocean Drive #5a, Riviera Beach, FL, 33404 | $988/mo Cash Flow

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

Rental property for sale in Riviera Beach at 5380 N Ocean Drive #5a, Riviera Beach, FL, 33404 generates $5,626/mo in rent and, after a $3,421/mo payment, leaves $988/mo in cash flow. Total monthly income is $5,626/mo, and annual cash flow is $11,851/yr on $229,971 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.66% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 131.85% and total cumulative return in cash sums $303,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,626/mo property income rather than buyer’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA