8 Madeline CourtNovatoCA94947
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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
Rental property for sale in Novato at 8 Madeline Court, Novato, CA, 94947 priced at $725,000 converts $5,905/mo rent into $1,420/mo cash flow after a $3,549/mo obligation. Total monthly income equals $5,905/mo, and annual cash flow totals $17,034/yr on $238,525 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 9.77% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 141.92% and total cumulative return in cash sums $338,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,905/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,474 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: Matthew P Reagan • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #326003897