668 Santana RdNovatoCA94945
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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 668 Santana Rd, Novato, CA, 94945 listed at $949,500 pairs $7,264/mo rent with a $4,647/mo payment to leave $1,312/mo cash flow. Total monthly income runs $7,264/mo, and annual cash flow reaches $15,750/yr on $312,386 cash to close. Return on cash invested measures 25.1% in year one, and rental yield registers 9.18% at a $949,500 basis. Equity gained on principal adds $6,127/yr, and annual property appreciation at 5% supports $262,329 by year five. Five-year ROI tracks 130.76% and total cumulative return in cash totals $408,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,264/mo property income relative to a $4,647/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
3,751 sqft lot
$N/A/sqft
$67 monthly 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: Paul O'neil • Corcoran Icon Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324044296
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.