209 Barcelona DrNovatoCA94949
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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 209 Barcelona Dr, Novato, CA, 94949 earns $4,188/mo cash flow from $5,791/mo rent with a $1,268/mo payment. Total monthly income totals $5,791/mo, and annual cash flow totals $50,261/yr on $85,859 capital. ROI tracks 78.45% on current figures, and rental yield reads 26.83% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 416.78% and total cumulative return in cash sums $357,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,791/mo property income instead of your personal income.
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94949, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,048 (100%) |
| Owner Occupied HU | 4,454 (63.2%) |
| Renter Occupied HU | 2,232 (31.7%) |
| Vacant Housing Units | 362 ( 5.1%) |
| Median Home Value | $1,084,906 |
| Average Home Value | $1,131,264 |
Housing Distribution
Address Breakdown
Residential
7,438
Single Family
6,628
Multi-Family
810
Businesses
847
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Listed by: Marty M Wickenheiser • Berkshire Hathaway
Mls Name: BAREIS
Mls Provider:
Mls ID: #324050039
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.