3400 N Ocean Drive #905, Riviera Beach, FL, 33404 | $2,225/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

Rental property for sale in Riviera Beach at 3400 N Ocean Drive #905, Riviera Beach, FL, 33404 generates $8,195/mo in rent and, after a $4,403/mo payment, leaves $2,225/mo in cash flow. Total monthly income is $8,195/mo, and annual cash flow is $26,704/yr on $295,936 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 10.93% on a $899,500 entry. Equity gained on principal adds $5,804/yr, while 5% annual appreciation builds toward $248,515 over five years. Five-year ROI reaches 152.61% and total cumulative return in cash sums $451,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,195/mo property income rather than buyer’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA