967 Tortuga Lane,Riviera Beach,FL,33404

Investment Highlights

Investment property for sale in Riviera Beach at 967 Tortuga Lane, Riviera Beach, FL, 33404 listed at $255,000 pairs $2,526/mo rent with a $1,248/mo payment to leave $834/mo cash flow. Total monthly income runs $2,526/mo, and annual cash flow reaches $10,006/yr on $84,533 cash to close. Return on cash invested measures 31.75% in year one, and rental yield registers 11.89% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 166.91% and total cumulative return in cash totals $141,092. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,526/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).