875 Tamalpias AveNovatoCA94947
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 875 Tamalpias Ave, Novato, CA, 94947 at $575,000 posts ROI 13.16% with from $3,150/mo rent. Total monthly income equals $3,150/mo. Return on cash invested measures 13.16% and rental yield reads 6.57% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 68.19% and total cumulative return in cash totals $128,999. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
1,250 sqft lot
$N/A/sqft
$681 monthly 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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Nearby investment properties with comparable prices
Listed by: Henry Hautau • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324060593
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.