5510 N Ocean Drive #19c, Riviera Beach, FL, 33404 | $883/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
5 Bath
2466 sft

8585 SE Lyons Road, Hobe Sound, FL, 33455

3 Bed
3 Bath
1800 sft

200 Beach Rd APT 703, Tequesta, FL, 33469

3 Bed
2 Bath
2104 sft

4590 Catamaran Circle S, Boynton Beach, FL, 33436

4 Bed
2 Bath
1799 sft

2301 Edgewater Drive, West Palm Beach, FL, 33406

Nearby investment properties with comparable prices

3 Bed
3 Bath
1800 sft

226 Grenada Drive, Jupiter, FL, 33458

4 Bed
3 Bath
2792 sft

6021 Walnut Hill Drive, Lake Worth, FL, 33467

3 Bed
3 Bath
2113 sft

234 Ponce De Leon Street, Royal Palm Beach, FL, 33411

2 Bed
2 Bath
1400 sft

5440 N Ocean Drive #1504, Riviera Beach, FL, 33404

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Riviera Beach at 5510 N Ocean Drive #19c, Riviera Beach, FL, 33404 offers a 9.11% rental yield on a $925,000 purchase with $7,021/mo rent. Total monthly income registers $7,021/mo, and a $4,527/mo payment leaves $883/mo available for distribution. Annual cash flow reaches $10,596/yr on $304,325 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $5,969/yr while 5% annual appreciation supports $255,560 over five years. Portfolio math shows five-year ROI at 122.87% and total cumulative return in cash at $373,933. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,021/mo property income against a $4,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA