19 Sunnyhill RdNovatoCA94945
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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 19 Sunnyhill Rd, Novato, CA, 94945 offers a 8.9% rental yield on a $1,259,950 purchase with $9,346/mo rent. Total monthly income registers $9,346/mo, and a $6,167/mo payment leaves $1,552/mo available for distribution. Annual cash flow reaches $18,619/yr on $408,224 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $8,130/yr while 5% annual appreciation supports $348,101 over five years. Portfolio math shows five-year ROI at 129.67% and total cumulative return in cash at $529,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,346/mo property income against a $6,167/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,043 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
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Nearby investment properties with comparable prices
Listed by: Kevin Mcginnis • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324053474
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.