2800 N Ocean Drive #B-4bRiviera 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
Investment property for sale in Riviera Beach at 2800 N Ocean Drive #B-4b, Riviera Beach, FL, 33404 offers a 9.22% rental yield on a $443,900 purchase with $3,412/mo rent. 06% in year one. Equity gained on principal adds $2,864/yr while 5% annual appreciation supports $122,641 over five years. Portfolio math shows five-year ROI at 60.55% and total cumulative return in cash at $89,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,412/mo property income against a $2,173/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
5.71 Acres lot
$N/A/sqft
$1,360 monthly HOA
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Listed by: Margaret Deeters • Trio Properties Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11045496
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