5550 N Ocean Drive #5c, Riviera Beach, FL, 33404 | $2,276/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Riviera Beach at 5550 N Ocean Drive #5c, Riviera Beach, FL, 33404 uses $304,325 cash to close to unlock $27,312/yr annual cash flow and $2,276/mo monthly cash flow. Total monthly income runs $8,414/mo, and a $4,527/mo payment keeps the spread at $2,276/mo. Purchase price stands at $925,000, and rental yield measures 10.92% with $8,414/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 152.32% and total cumulative return in cash records $463,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,414/mo property income covering a $4,527/mo payment rather than investor’s personal income.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA