708 Seville WayNovatoCA94949
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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 708 Seville Way, Novato, CA, 94949 listed at $365,000 pairs $3,067/mo rent with a $1,786/mo payment to leave $810/mo cash flow. Total monthly income runs $3,067/mo, and annual cash flow reaches $9,714/yr on $120,998 cash to close. Return on cash invested measures 27.94% in year one, and rental yield registers 10.08% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 145.88% and total cumulative return in cash totals $176,515. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,067/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1971
N/A lot
$N/A/sqft
No 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: Marty M Wickenheiser • Berkshire Hathaway
Mls Name: BAREIS
Mls ID: #325103014