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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 7 days ago
$ 599,000
ROI
23.8
Cash Flow/m
621- 3 Bed
- 3 Bath
- 1396 sft
44 March Field Court, Novato, CA, 94949
$ 325,000
ROI
21.6Cash Flow/m
162- 1 Bed
- 1 Bath
- 624 sft
312 Seagull Row, Novato, CA, 94945
$ 485,000
ROI
21.7Cash Flow/m
259- 2 Bed
- 1 Bath
- 900 sft
74 Hector Lane, Novato, CA, 94949
$ 479,000
ROI
21.4Cash Flow/m
217- 2 Bed
- 1 Bath
- 966 sft
306 Silvio Lane, 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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