2800 N Ocean Drive #B-12a, Riviera Beach, FL, 33404 | 6.4% Rental Yield

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

Investment property for sale in Riviera Beach at 2800 N Ocean Drive #B-12a, Riviera Beach, FL, 33404 offers a 6.4% rental yield on a $549,000 purchase with $2,929/mo rent. 32% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 78.77% and total cumulative return in cash at $142,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,929/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA