2650 Lake Shore Drive #1202, Riviera Beach, FL, 33404 | $158/mo Cash Flow

For Sale

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

Rental property for sale in Riviera Beach at 2650 Lake Shore Drive #1202, Riviera Beach, FL, 33404 generates $4,903/mo in rent and, after a $3,500/mo payment, leaves $158/mo in cash flow. Total monthly income is $4,903/mo, and annual cash flow is $1,893/yr on $235,235 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.23% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 108.52% and total cumulative return in cash sums $255,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,903/mo property income rather than buyer’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA