40 Taurus DriveNovatoCA94947
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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 40 Taurus Drive, Novato, CA, 94947 at $979,000 posts ROI 16.25% with from $5,035/mo rent. Total monthly income equals $5,035/mo. Return on cash invested measures 16.25% and rental yield reads 6.17% at the current $979,000. Equity gained on principal adds $6,317/yr, and 5% annual appreciation supports $270,480 by year five. Five-year ROI prints 83.21% and total cumulative return in cash totals $268,006. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,035/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
7,501 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: Jennifer Bowes • Compass
Mls Name: BAREIS
Mls ID: #325093484