5550 N Ocean Drive #22 ARiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 5550 N Ocean Drive #22 A, Riviera Beach, FL, 33404 in Riviera Beach. Priced at $725,000, it generates $7,822/mo in gross rent and $1,360/mo in net monthly cash flow, a 12.95% yield that comfortably supports the 2.40 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,325. Five-year appreciation: $200,304. Equity from principal paydown: $6,677/yr. Total projected cumulative return: $470,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.0% |
| Monthly Cash Flow | $1,360 | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,822 |
| Total Monthly Debt Service | $4,523 |
| DSCR Ratio | 1.73x |
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 1977
N/A lot
$N/A/sqft
No 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 1977
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Sacco • Singer Island Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #R11102966