702 Indian WayNovatoCA94949
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
Rental property for sale in Novato at 702 Indian Way, Novato, CA, 94949 priced at $650,000 pairs $5,347/mo rent with $626/mo cash flow after a $3,181/mo payment. Total monthly income equals $5,347/mo, and annual cash flow comes to $7,517/yr on $213,850 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 9.87% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 123.9% and total cumulative return in cash reaches $264,950. For financing, Ziffy Mortgage’s DSCR program evaluates $5,347/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
1,186 sqft lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94949, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,048 (100%) |
| Owner Occupied HU | 4,454 (63.2%) |
| Renter Occupied HU | 2,232 (31.7%) |
| Vacant Housing Units | 362 ( 5.1%) |
| Median Home Value | $1,084,906 |
| Average Home Value | $1,131,264 |
Housing Distribution
Address Breakdown
Residential
7,438
Single Family
6,628
Multi-Family
810
Businesses
847
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Listed by: Benjamin Frieden • KW Bay Area Estates
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82027190
Disclaimer: Based on information from the MLSListings MLS as of 2025-12-27 04:22:45 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.