562 W 6th StRiviera 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
Rental property for sale in Riviera Beach at 562 W 6th St, Riviera Beach, FL, 33404 generates $3,095/mo in rent and, after a $1,762/mo payment, leaves $706/mo in cash flow. Total monthly income is $3,095/mo, and annual cash flow is $8,474/yr on $119,307 invested. Return on cash invested sits at 27.01% in year one, and rental yield is 10.32% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 141.54% and total cumulative return in cash sums $168,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
5,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Howard Goldberg PA • RE/MAX Consultants Realty 1
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10493997
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