5440 N OCEAN Drive UNIT 807Riviera 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 5440 N OCEAN Drive UNIT 807, Riviera Beach, FL, 33404 offers a 8.31% rental yield on a $827,000 purchase with $5,728/mo rent. 52% in year one. Equity gained on principal adds $5,337/yr while 5% annual appreciation supports $228,485 over five years. Portfolio math shows five-year ROI at 71.88% and total cumulative return in cash at $195,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,728/mo property income against a $4,048/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,297 monthly HOA
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Listed by: TAMMY POIRRIER WARE • ENGEL & VOLKERS FIRST COAST
Mls Name: realMLS
Mls Provider:
Mls ID: #2075384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.