5070 N Ocean Drive #2c, Riviera Beach, FL, 33404 | 6.44% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1546 sft

8055 Burlington Court, Lake Worth, FL, 33467

2 Bed
2 Bath
960 sft

5423 Courtney Circle, Boynton Beach, FL, 33472

3 Bed
1 Bath
1310 sft

2648 Lakehaven Road, West Palm Beach, FL, 33415

2 Bed
2 Bath
1178 sft

1001- B Pinecrest Circle, Jupiter, FL, 33458

Nearby investment properties with comparable prices

3 Bed
3 Bath
1909 sft

5041 Massy Drive, Lake Worth, FL, 33463

4 Bed
2 Bath
2009 sft

103 Cypress Trace, Royal Palm Beach, FL, 33411

3 Bed
2 Bath
1937 sft

5770 Lodgepole Ln, Loxahatchee, FL, 33470

3 Bed
2 Bath
1280 sft

15733 Temple Boulevard, 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 5070 N Ocean Drive #2c, Riviera Beach, FL, 33404 offers a 6.44% rental yield on a $699,000 purchase with $3,751/mo rent. 43% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 79.38% and total cumulative return in cash at $182,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,751/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA