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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 today
$ 475,000
ROI
20.5
Cash Flow/m
94- 2 Bed
- 2 Bath
- 1118 sft
81 Scottsdale Way, Novato, CA, 94947
Listed for sale 5 days ago
$ 320,000
ROI
23.2Cash Flow/m
310- 1 Bed
- 1 Bath
- 624 sft
240 Seagull Row, Novato, CA, 94945
$ 459,000
ROI
20.5Cash Flow/m
88- 2 Bed
- 1 Bath
- 810 sft
36 Lassen Lane, Novato, CA, 94947
$ 435,000
ROI
21.7Cash Flow/m
238- 2 Bed
- 1 Bath
- 872 sft
47 Plumas Circle, 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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