21103 Gary Dr APT 202AHaywardCA94546
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 21103 Gary Dr APT 202A, Hayward, CA, 94546 in Hayward deserves attention. This $589,000 property earns $5,213/mo in rent, a 10.62% gross yield, and nets $918/mo after the $2,649/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $162,730 compounds alongside $5,425/yr in yearly equity build, for a total cumulative return of $285,260.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $918 | $800 |
City averages based on Hayward market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,213 |
| Total Monthly Debt Service | $4,060 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1993
2.76 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94546, Castro Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,942 (100%) |
| Owner Occupied HU | 10,109 (59.7%) |
| Renter Occupied HU | 6,168 (36.4%) |
| Vacant Housing Units | 665 ( 3.9%) |
| Median Home Value | $1,018,464 |
| Average Home Value | $1,118,526 |
Housing Distribution
Address Breakdown
Residential
17,114
Single Family
13,129
Multi-Family
3,985
Businesses
1,211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1993
2.76 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94546, Castro Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,942 (100%) |
| Owner Occupied HU | 10,109 (59.7%) |
| Renter Occupied HU | 6,168 (36.4%) |
| Vacant Housing Units | 665 ( 3.9%) |
| Median Home Value | $1,018,464 |
| Average Home Value | $1,118,526 |
Housing Distribution
Address Breakdown
Residential
17,114
Single Family
13,129
Multi-Family
3,985
Businesses
1,211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices