2650 Lake Shore Drive #304Riviera 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
Total monthly income runs $6,539/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 10.48% with $6,539/mo rent. Return on cash invested shows 19.04% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 101.91% and total cumulative return in cash records $251,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,539/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Condo
Built in 2006
3.56 Acres lot
$N/A/sqft
$1,600 monthly HOA
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Listed by: Theresa Tecson • Illustrated Properties
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11034804
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