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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Novato, CA
Listed for sale 3 days ago
$ 427,200
ROI
23.6
Cash Flow/m
451- 2 Bed
- 1 Bath
- 980 sft
1540 Center Rd APT 270, Novato, CA, 94947
$ 497,000
ROI
20.9Cash Flow/m
152- 2 Bed
- 1 Bath
- 1050 sft
530 Entrada Drive #201, Novato, CA, 94949
$ 430,000
ROI
20.9Cash Flow/m
135- 1 Bed
- 1 Bath
- 878 sft
530 Entrada Drive #202, Novato, CA, 94949
$ 419,000
ROI
22.7Cash Flow/m
338- 2 Bed
- 1 Bath
- 980 sft
1540 Center Road #388, Novato, CA, 94947
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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