4200 N Ocean Drive #1, 1101, Riviera Beach, FL, 33404 | 5.4% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
760 sft

1551 N Flagler Dr APT 810, West Palm Beach, FL, 33401

3 Bed
2 Bath
1037 sft

1550 C Road, Loxahatchee, FL, 33470

2 Bed
2 Bath
1240 sft

300 N Highway A1a #A201, Jupiter, FL, 33477

2 Bed
3 Bath
1374 sft

3002 Hayden Court, Boynton Beach, FL, 33436

Nearby investment properties with comparable prices

3 Bed
4 Bath
2743 sft

10418 Orchid Reserve Drive #13d, West Palm Beach, FL, 33412

4 Bed
3 Bath
2337 sft

16932 87th Lane N, Loxahatchee, FL, 33470

2 Bed
2 Bath
1550 sft

80 Celestial Way #213, Juno Beach, FL, 33408

3 Bed
3 Bath
2311 sft

5676 Saint Armands Way, Loxahatchee, FL, 33470

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Riviera Beach at 4200 N Ocean Drive #1, 1101, Riviera Beach, FL, 33404 offers a 5.4% rental yield on a $777,000 purchase with $3,494/mo rent. 26% in year one. Equity gained on principal adds $5,014/yr while 5% annual appreciation supports $214,671 over five years. Portfolio math shows five-year ROI at 62.36% and total cumulative return in cash at $159,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,494/mo property income against a $3,803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA