5070 N Ocean Drive #3b, Riviera Beach, FL, 33404 | $2,522/mo Cash Flow

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 5070 N Ocean Drive #3b, Riviera Beach, FL, 33404 uses $305,641 cash to close to unlock $30,264/yr annual cash flow and $2,522/mo monthly cash flow. Total monthly income runs $8,687/mo, and a $4,547/mo payment keeps the spread at $2,522/mo. Purchase price stands at $929,000, and rental yield measures 11.22% with $8,687/mo rent. Return on cash invested shows 29.96% in year one, and 5% annual appreciation builds toward $256,666 over five years. Five-year ROI reaches 157.3% and total cumulative return in cash records $480,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,687/mo property income covering a $4,547/mo payment rather than investor’s personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA