5510 N Ocean Drive #2dRiviera 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
Rental property for sale in Riviera Beach at 5510 N Ocean Drive #2d, Riviera Beach, FL, 33404 generates $3,738/mo in rent, after a $3,377/mo payment. Total monthly income is $3,738/mo. Return on cash invested sits at 15.62% in year one, and rental yield is 6.5% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 80.38% and total cumulative return in cash sums $182,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,738/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jett Beres • Singer Island Realty
Mls Name: BeachesMLS
Mls ID: #RX-11157637