2650 Lake Shore Drive #1006, Riviera Beach, FL, 33404 | $2,153/mo Cash Flow

For Sale

Listed for sale 4 days ago

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 2650 Lake Shore Drive #1006, Riviera Beach, FL, 33404 uses $287,875 cash to close to unlock $25,836/yr annual cash flow and $2,153/mo monthly cash flow. Total monthly income runs $7,960/mo, and a $4,283/mo payment keeps the spread at $2,153/mo. Purchase price stands at $875,000, and rental yield measures 10.92% with $7,960/mo rent. Return on cash invested shows 29.04% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 152.35% and total cumulative return in cash records $438,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,960/mo property income covering a $4,283/mo payment rather than investor’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA