5480 N Ocean Drive #B7cRiviera 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 5480 N Ocean Drive #B7c, Riviera Beach, FL, 33404 offers a 8.28% rental yield on a $644,000 purchase with $4,444/mo rent. 26% in year one. Equity gained on principal adds $4,156/yr while 5% annual appreciation supports $177,925 over five years. Portfolio math shows five-year ROI at 55.6% and total cumulative return in cash at $117,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,444/mo property income against a $3,152/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
$1,780 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Nancy Jackson • Salefish Properties
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11041441
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