72 Plumas Circle #ANovatoCA94947
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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 72 Plumas Circle #A, Novato, CA, 94947 uses $124,313 cash to close to unlock $15,283/yr annual cash flow and $1,274/mo monthly cash flow. Total monthly income runs $3,593/mo, and a $1,835/mo payment keeps the spread at $1,274/mo. Purchase price stands at $375,000, and rental yield measures 11.5% with $3,593/mo rent. Return on cash invested shows 32.2% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 168.78% and total cumulative return in cash records $209,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,593/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1972
3,201 sqft 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: Kelly Valera • Compass
Mls Name: BAREIS
Mls ID: #326000396