106 Indian WayNovatoCA94949
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Novato at 106 Indian Way, Novato, CA, 94949 at $725,000 posts ROI 27.16% with $1,411/mo cash flow from $5,896/mo rent. Total monthly income equals $5,896/mo, and annual cash flow records $16,926/yr on $238,525 to close. Return on cash invested measures 27.16% and rental yield reads 9.76% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 141.67% and total cumulative return in cash totals $337,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,896/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1974
1,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94949, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,048 (100%) |
| Owner Occupied HU | 4,454 (63.2%) |
| Renter Occupied HU | 2,232 (31.7%) |
| Vacant Housing Units | 362 ( 5.1%) |
| Median Home Value | $1,084,906 |
| Average Home Value | $1,131,264 |
Housing Distribution
Address Breakdown
Residential
7,438
Single Family
6,628
Multi-Family
810
Businesses
847
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Listed by: The Marks Realty Group • Compass
Mls Name: BAREIS
Mls ID: #325094586