2640 Lake Shore Drive #614, Riviera Beach, FL, 33404 | $1,312/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2683 sft

7558 Tarpon Cove Circle, Lake Worth, FL, 33467

4 Bed
4 Bath
2976 sft

2941 Payson Way, Wellington, FL, 33414

4 Bed
3 Bath
2282 sft

9100 Wrangler Drive, Lake Worth, FL, 33467

3 Bed
3 Bath
2258 sft

806 Minnesota Street, Lantana, FL, 33462

Nearby investment properties with comparable prices

Azalea Plan, Arden : The Twin Homes Collection

3 Bed
2 Bath
1758 sft

Azalea Plan, Arden : The Twin Homes Collection, Loxahatchee, FL, 33470

3 Bed
2 Bath
1758 sft

Azalea Plan, Arden : The Twin Homes Collection, Loxahatchee, FL, 33470

Investment Property+ 1 more

3 Bed
2 Bath
2032 sft

1390 Hideaway Bend, Wellington, FL, 33414

3 Bed
3 Bath
1550 sft

6766 Moda Ln, Lake Worth, FL, 33463

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Riviera Beach at 2640 Lake Shore Drive #614, Riviera Beach, FL, 33404 uses $202,006 cash to close to unlock $15,739/yr annual cash flow and $1,312/mo monthly cash flow. Total monthly income runs $5,386/mo, and a $3,005/mo payment keeps the spread at $1,312/mo. Purchase price stands at $614,000, and rental yield measures 10.53% with $5,386/mo rent. Return on cash invested shows 27.85% in year one, and 5% annual appreciation builds toward $169,637 over five years. Five-year ROI reaches 146.01% and total cumulative return in cash records $294,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,386/mo property income covering a $3,005/mo payment rather than investor’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA