910 Calle PaseoNovatoCA94949
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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 910 Calle Paseo, Novato, CA, 94949 with 5% annual appreciation on a $1,175,000 basis while $8,568/mo rent supports operations. Total monthly income totals $8,568/mo and a $5,751/mo payment preserves $922/mo for cash returns. Annual cash flow comes to $11,068/yr on $380,700 deployed, and return on cash invested reaches 23.28% in year one. Equity gained on principal adds $7,582/yr, and five-year appreciation sums $324,631 alongside rental yield of 8.75%. Five-year ROI measures 121.24% and total cumulative return in cash totals $461,542.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,568/mo property income versus a $5,751/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94949, Novato, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,048 (100%) |
| Owner Occupied HU | 4,454 (63.2%) |
| Renter Occupied HU | 2,232 (31.7%) |
| Vacant Housing Units | 362 ( 5.1%) |
| Median Home Value | $1,084,906 |
| Average Home Value | $1,131,264 |
Housing Distribution
Address Breakdown
Residential
7,438
Single Family
6,628
Multi-Family
810
Businesses
847
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Listed by: John T Hendricks • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324059824
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.