612 Canyon RdNovatoCA94947
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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 612 Canyon Rd, Novato, CA, 94947 with 5% annual appreciation on a $1,669,888 basis while $6,023/mo rent supports operations. 82% in year one. Equity gained on principal adds $10,776/yr, and five-year appreciation sums $461,359 alongside rental yield of 4.33%. Five-year ROI measures 53.99% and total cumulative return in cash totals $292,125. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,023/mo property income versus a $8,173/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
1.13 Acres 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: Peruz Jelveh • Excel Realty
Mls Name: Bay East AOR
Mls ID: #41122053