5550 N Ocean Dr APT 22CRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5550 N Ocean Dr APT 22C, Riviera Beach, FL, 33404 in Riviera Beach is priced for appreciation, not yield. Rental yield 4.61%. At $1,275,000 with a 4.61% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $352,259 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $123,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(5,786) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,898 |
| Total Monthly Debt Service | $10,177 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
$1,650 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1975
N/A lot
$N/A/sqft
$1,650 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Barbato • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687640
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