5380 N Ocean Drive #8c, Riviera Beach, FL, 33404 | $1,771/mo Cash Flow

For Sale

Listed for sale 5 days ago

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 #8c, Riviera Beach, FL, 33404 generates $6,748/mo in rent and, after a $3,671/mo payment, leaves $1,771/mo in cash flow. Total monthly income is $6,748/mo, and annual cash flow is $21,249/yr on $246,750 invested. Return on cash invested sits at 28.67% in year one, and rental yield is 10.8% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 150.39% and total cumulative return in cash sums $371,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,748/mo property income rather than buyer’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA