26 Carmel DrNovatoCA94945
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 26 Carmel Dr, Novato, CA, 94945 at $725,000 posts ROI 24.33% with $849/mo cash flow from $5,334/mo rent. Total monthly income equals $5,334/mo, and annual cash flow records $10,182/yr on $238,525 to close. Return on cash invested measures 24.33% and rental yield reads 8.83% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 126.51% and total cumulative return in cash totals $301,769.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,334/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
7,701 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: Clarence Chavis • Trust Properties USA, Inc.
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #325020977
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