3400 N Ocean Drive #1706, Riviera Beach, FL, 33404 | 6.12% Rental Yield

For Sale

Rental Income

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

Total monthly income runs $3,310/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 6.12% with $3,310/mo rent. Return on cash invested shows 14.46% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 74.16% and total cumulative return in cash records $158,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,310/mo property income covering a $3,177/mo payment rather than investor’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA