2449 Center RdNovatoCA94947
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2449 Center Rd, Novato, CA, 94947 listed at $974,999 pairs $5,094/mo rent with a $4,772/mo payment. Total monthly income runs $5,094/mo. Return on cash invested measures 16.55% in year one, and rental yield registers 6.27% at a $974,999 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,374 by year five. Five-year ROI tracks 84.81% and total cumulative return in cash totals $272,042. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,094/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
7,840 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: Maria Thlang • Real Brokerage Technologies
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41112687