2800 N Ocean Drive #A-2bRiviera 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
Rental property for sale in Riviera Beach at 2800 N Ocean Drive #A-2b, Riviera Beach, FL, 33404 generates $3,379/mo in rent, after a $2,589/mo payment. Total monthly income is $3,379/mo. Return on cash invested sits at 7.74% in year one, and rental yield is 7.67% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 42.26% and total cumulative return in cash sums $73,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,379/mo property income rather than buyer’s personal income.
Condo
Built in 1973
90 sqft lot
$N/A/sqft
$1,490 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Anthony M Siconolfi • Douglas Elliman
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11098488
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 2025 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.