1544 Center Road #91NovatoCA94947
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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 1544 Center Road #91, Novato, CA, 94947 earns $823/mo cash flow from $3,452/mo rent with a $2,080/mo payment. Total monthly income totals $3,452/mo, and annual cash flow totals $9,876/yr on $140,888 capital. ROI tracks 26.92% on current figures, and rental yield reads 9.75% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 140.46% and total cumulative return in cash sums $197,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,452/mo property income instead of your personal income.
Condo
Built in 1975
483.52 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94947, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,836 (100%) |
| Owner Occupied HU | 6,589 (67.0%) |
| Renter Occupied HU | 2,856 (29.0%) |
| Vacant Housing Units | 391 ( 4.0%) |
| Median Home Value | $1,067,170 |
| Average Home Value | $1,143,356 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
7,821
Multi-Family
1,747
Businesses
269
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Listed by: Renee G Maher • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #326002538