624 W 3rd StreetRiviera 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 624 W 3rd Street, Riviera Beach, FL, 33404 priced at $245,900 pairs $2,154/mo rent with $522/mo cash flow after a $1,204/mo payment. Total monthly income equals $2,154/mo, and annual cash flow comes to $6,261/yr on $81,516 invested. Return on cash invested is 27.59% in year one, and rental yield stands at 10.51% on a $245,900 basis. Equity gained on principal adds $1,587/yr, and 5% annual appreciation accumulates to $67,938 by year five. Five-year ROI measures 144.61% and total cumulative return in cash reaches $117,883. For financing, Ziffy Mortgage’s DSCR program evaluates $2,154/mo property income against a $1,204/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
5,005 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Espenscheid • Voro LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11053300
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.