2009 Hawthorne TerraceNovatoCA94945
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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 2009 Hawthorne Terrace, Novato, CA, 94945 offers a 10.62% rental yield on a $650,000 purchase with $5,754/mo rent. Total monthly income registers $5,754/mo, and a $3,181/mo payment leaves $1,733/mo available for distribution. Annual cash flow reaches $20,801/yr on $213,850 to close, and return on cash invested stands at 29.79% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 155.78% and total cumulative return in cash at $333,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,754/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
0.31 Acres 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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Listed by: Art Ramirez • Coldwell Banker Brokers of the
Mls Name: BAREIS
Mls ID: #325081991