817 Sutro AvenueNovatoCA94947
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 817 Sutro Avenue, Novato, CA, 94947 at $869,000 posts ROI 21.02% with $230/mo cash flow from $5,605/mo rent. Total monthly income equals $5,605/mo, and annual cash flow records $2,754/yr on $285,901 to close. Return on cash invested measures 21.02% and rental yield reads 7.74% at the current $869,000. Equity gained on principal adds $5,608/yr, and 5% annual appreciation supports $240,089 by year five. Five-year ROI prints 108.78% and total cumulative return in cash totals $311,003.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,605/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
10,123 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristie Martinelli Team • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #326005510