2800 N Ocean Dr #A-20ARiviera BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2800 N Ocean Dr #A-20A, Riviera Beach, FL, 33404 in Riviera Beach carries a 1.97 coverage ratio, rent of $4,883/mo is 1.97 times the $2,473/mo payment. Rental yield 10.65%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $550,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $151,955; total projected cumulative return: $194,226.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $(347) | $1,500 |
City averages based on Riviera Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,883 |
| Total Monthly Debt Service | $5,011 |
| DSCR Ratio | 0.97x |
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 1973
N/A lot
$N/A/sqft
$1,458 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 1973
N/A lot
$N/A/sqft
$1,458 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Nucci • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11818003
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