5400 N Ocean Drive #6b, Riviera Beach, FL, 33404 | $1,937/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 5400 N Ocean Drive #6b, Riviera Beach, FL, 33404 uses $246,421 cash to close to unlock $23,250/yr annual cash flow and $1,937/mo monthly cash flow. Total monthly income runs $6,908/mo, and a $3,666/mo payment keeps the spread at $1,937/mo. Purchase price stands at $749,000, and rental yield measures 11.07% with $6,908/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 154.81% and total cumulative return in cash records $381,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,908/mo property income covering a $3,666/mo payment rather than investor’s personal income.

Condo

Built in 1969

2.68 Acres lot

$N/A/sqft

No HOA