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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Novato, CA
$ 599,000
ROI
24.1
Cash Flow/m
661- 3 Bed
- 3 Bath
- 1396 sft
84 Captain Nurse Circle, Novato, CA, 94949
$ 599,000
ROI
27.5Cash Flow/m
1220- 4 Bed
- 2 Bath
- 1624 sft
84 Crissy Place, Novato, CA, 94949
$ 689,000
ROI
20.3Cash Flow/m
47- 3 Bed
- 3 Bath
- 1731 sft
230 Pelican Lane, Novato, CA, 94949
$ 329,000
ROI
22.0Cash Flow/m
202- 1 Bed
- 1 Bath
- 624 sft
202 Mariner Way, Novato, CA, 94945
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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