Condo Investment Properties for Sale in Novato, CA
Fix & Flip
Listed for sale 3 days ago
$ 540,000
ROI
22.6
Cash Flow/m
378- 3 Bed
- 2 Bath
- 952 sft
25 Oliva Dr #F, Novato, CA, 94947
$ 699,000
ROI
21.6Cash Flow/m
293- 3 Bed
- 3 Bath
- 1528 sft
19 Salvatore Drive, Novato, CA, 94949
$ 490,000
ROI
22.2Cash Flow/m
327- 2 Bed
- 1 Bath
- 785 sft
38 Little Creek Lane, Novato, CA, 94945
$ 815,000
ROI
20.7Cash Flow/m
143- 3 Bed
- 3 Bath
- 1653 sft
3 Duarte Court, Novato, CA, 94949
Why Invest in Novato, California?
Investing in condos in Novato, CA, offers a unique opportunity for real estate investors looking for steady returns. With an average rental yield of 5% and a cap rate of 6%, the area is attractive for both renters and investors. Additionally, the growing demand for housing has led to an appreciation rate of 4% over the past year, making it a promising market.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Novato is approximately $2,500 per month, making it an attractive option for renters seeking quality housing in a suburban environment.
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