4200 N Ocean Drive #2-1005Riviera 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
Rental property for sale in Riviera Beach at 4200 N Ocean Drive #2-1005, Riviera Beach, FL, 33404 generates $4,496/mo in rent, after a $3,083/mo payment. Total monthly income is $4,496/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 8.56% on a $629,990 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,055 over five years. Five-year ROI reaches 63.41% and total cumulative return in cash sums $131,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,496/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,527 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jonathan Frank • Premier Brokers International
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11050089
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.