791 Storybook CourtNovatoCA94947
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 791 Storybook Court, Novato, CA, 94947 offers a 3.89% rental yield on a $1,349,000 purchase with $4,376/mo rent. 47% in year one. Equity gained on principal adds $8,705/yr while 5% annual appreciation supports $372,704 over five years. Portfolio math shows five-year ROI at 46.77% and total cumulative return in cash at $204,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,376/mo property income against a $6,603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,134 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: The Johnson Team • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #326000981