709 Verandah AveNovatoCA94945
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
Investment property for sale in Novato at 709 Verandah Ave, Novato, CA, 94945 offers a 23.3% rental yield on a $260,915 purchase with $5,066/mo rent. Total monthly income registers $5,066/mo, and a $1,277/mo payment leaves $3,274/mo available for distribution. Annual cash flow reaches $39,292/yr on $86,493 to close, and return on cash invested stands at 65.34% in year one. Equity gained on principal adds $1,684/yr while 5% annual appreciation supports $72,086 over five years. Portfolio math shows five-year ROI at 347.37% and total cumulative return in cash at $300,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,066/mo property income against a $1,277/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Landsea Holdings Corp.
Mls Provider:
Mls ID: #N/A