2700 N Ocean Drive #306bRiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2700 N Ocean Drive #306b, Riviera Beach, FL, 33404 in Riviera Beach is priced for appreciation, not yield. Rental yield 5.32%. At $1,600,000 with a 5.32% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $442,051 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.99) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $274,154.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.0% |
| Monthly Cash Flow | $(5,339) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,099 |
| Total Monthly Debt Service | $11,801 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,740 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,740 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Joseph Rossi • Billero & Billero Properties
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11090643
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.