981 Bel Marin Keys BlvdNovatoCA94949
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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
Total monthly income runs $6,905/mo, and a $9,544/mo payment. Purchase price stands at $1,950,000, and rental yield measures 4.25% with $6,905/mo rent. Return on cash invested shows 9.47% in year one, and 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 47.15% and total cumulative return in cash records $297,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,905/mo property income covering a $9,544/mo payment rather than investor’s personal income.
Single Family
Built in 1964
8,002 sqft lot
$N/A/sqft
$150 monthly 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: Cooper Gaines • eXp Realty of Northern CA, Inc
Mls Name: SFAR
Mls Provider:
Mls ID: #325068542
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.