1619 Hill RdNovatoCA94947
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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 1619 Hill Rd, Novato, CA, 94947 earns from $6,427/mo rent with a $6,338/mo payment. Total monthly income totals $6,427/mo. ROI tracks 12.5% on current figures, and rental yield reads 5.96% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 64.2% and total cumulative return in cash sums $269,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,427/mo property income instead of your personal income.
Single Family
Built in 2013
6,019 sqft lot
$N/A/sqft
$345 monthly 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: Nicholas E. Salvadore • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #325003221
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.