2589 Topaz DriveNovatoCA94945
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 2589 Topaz Drive, Novato, CA, 94945 earns $83/mo cash flow from $6,263/mo rent with a $4,890/mo payment. Total monthly income totals $6,263/mo, and annual cash flow totals $991/yr on $328,671 capital. ROI tracks 20.36% on current figures, and rental yield reads 7.52% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 105.23% and total cumulative return in cash sums $345,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,263/mo property income instead of your personal income.
Single Family
Built in 1970
6,277 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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Listed by: Kristen Palmer • Compass
Mls Name: BAREIS
Mls ID: #325085158