3040 Lake Shore Drive #Ph 2, Riviera Beach, FL, 33404 | $961/mo Cash Flow

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 3040 Lake Shore Drive #Ph 2, Riviera Beach, FL, 33404 offers a 10.85% rental yield on a $400,000 purchase with $3,616/mo rent. Total monthly income registers $3,616/mo, and a $1,958/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,536/yr on $132,600 to close, and return on cash invested stands at 28.61% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 150.1% and total cumulative return in cash at $199,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,616/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA