11 Cherry Hill LaneNovatoCA94945
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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
Investment Highlights
Total monthly income runs $3,635/mo, and a $4,381/mo payment. Purchase price stands at $895,000, and rental yield measures 4.87% with $3,635/mo rent. Return on cash invested shows 9.65% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 48.77% and total cumulative return in cash records $143,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,635/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Single Family
Built in 2009
3,436 sqft lot
$N/A/sqft
$519 monthly 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
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Listed by: Phoebe Reyes • Bay Area Modern Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #325048608
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.