5550 N Ocean Dr APT 8BRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.91, 5550 N Ocean Dr APT 8B, Riviera Beach, FL, 33404 in Riviera Beach sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.31%. The 10.31% yield is backed by 5% annual appreciation projecting $234,563 in value gain, plus $7,819/yr in principal reduction. Total projected cumulative return: $318,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $(212) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,295 |
| Total Monthly Debt Service | $7,169 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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: Denise Craig • Jupiter By the Sea Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11678164
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. Information is deemed reliable but not guaranteed.