5550 N Ocean Dr APT 8BRiviera 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
Total monthly income runs $7,295/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 10.31% with $7,295/mo rent. Return on cash invested shows 19.15% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 102.25% and total cumulative return in cash records $285,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,295/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$1,650 monthly HOA
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Listed by: Denise Craig • Jupiter By the Sea Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11678164
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