3 Windmill PlaceNovatoCA94945
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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
Total monthly income runs $7,481/mo, and a $8,316/mo payment. Purchase price stands at $1,699,000, and rental yield measures 5.28% with $7,481/mo rent. Return on cash invested shows 13.77% in year one, and 5% annual appreciation builds toward $469,402 over five years. Five-year ROI reaches 69.8% and total cumulative return in cash records $384,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,481/mo property income covering a $8,316/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1 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: Chris Hodge • Compass
Mls Name: BAREIS
Mls ID: #325081534