4200 N Ocean Drive #2-1606, Riviera Beach, FL, 33404 | 7.19% Rental Yield

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 4200 N Ocean Drive #2-1606, Riviera Beach, FL, 33404 listed at $579,000 pairs $3,469/mo rent with a $2,834/mo payment. Total monthly income runs $3,469/mo. Return on cash invested measures 17.71% in year one, and rental yield registers 7.19% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 91.6% and total cumulative return in cash totals $174,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,469/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA