5440 N Ocean Drive #1002, Riviera Beach, FL, 33404 | $2,617/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 5440 N Ocean Drive #1002, Riviera Beach, FL, 33404 uses $262,871 cash to close to unlock $31,409/yr annual cash flow and $2,617/mo monthly cash flow. Total monthly income runs $7,920/mo, and a $3,911/mo payment keeps the spread at $2,617/mo. Purchase price stands at $799,000, and rental yield measures 11.89% with $7,920/mo rent. Return on cash invested shows 32.01% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 168.29% and total cumulative return in cash records $442,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,920/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA