109 Pinheiro CircleNovatoCA94945
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
Rental property for sale in Novato at 109 Pinheiro Circle, Novato, CA, 94945 priced at $1,530,000 pairs $4,769/mo rent with after a $7,489/mo payment. Total monthly income equals $4,769/mo. Return on cash invested is 9% in year one, and rental yield stands at 3.74% on a $1,530,000 basis. Equity gained on principal adds $9,873/yr, and 5% annual appreciation accumulates to $422,711 by year five. Five-year ROI measures 44.25% and total cumulative return in cash reaches $219,346. For financing, Ziffy Mortgage’s DSCR program evaluates $4,769/mo property income against a $7,489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
9,857 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94945, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,336 (100%) |
| Owner Occupied HU | 4,942 (67.4%) |
| Renter Occupied HU | 2,110 (28.8%) |
| Vacant Housing Units | 284 ( 3.9%) |
| Median Home Value | $1,225,048 |
| Average Home Value | $1,276,766 |
Housing Distribution
Address Breakdown
Residential
7,025
Single Family
5,932
Multi-Family
1,093
Businesses
732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen R Strain • Front Porch Realty
Mls Name: BAREIS
Mls ID: #325085286