117 Pinheiro CirNovatoCA94945
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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
Investment property for sale in Novato at 117 Pinheiro Cir, Novato, CA, 94945 with 5% annual appreciation on a $1,650,000 basis while $12,000/mo rent supports operations. Total monthly income totals $12,000/mo and a $8,076/mo payment preserves $976/mo for cash returns. Annual cash flow comes to $11,715/yr on $534,600 deployed, and return on cash invested reaches 22.56% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,865 alongside rental yield of 8.73%. Five-year ROI measures 117.63% and total cumulative return in cash totals $628,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $12,000/mo property income versus a $8,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.65 Acres lot
$N/A/sqft
$96 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: Bowman Real Estate Group • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324045293
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.