4200 N Ocean Drive #2-705Riviera 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
Investment property for sale in Riviera Beach at 4200 N Ocean Drive #2-705, Riviera Beach, FL, 33404 listed at $629,000 pairs $3,974/mo rent with a $3,079/mo payment. Total monthly income runs $3,974/mo. Return on cash invested measures 18.9% in year one, and rental yield registers 7.58% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 97.98% and total cumulative return in cash totals $202,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,974/mo property income relative to a $3,079/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
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Listed by: Renee Travis • Keller Williams Realty Jupiter
Mls Name: BeachesMLS
Mls ID: #RX-11159081