24632 Diamond Ridge DrHaywardCA94544
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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
Investment Highlights
Rental property for sale in Hayward at 24632 Diamond Ridge Dr, Hayward, CA, 94544 generates $4,240/mo in rent and, after a $3,323/mo payment, leaves $40/mo in cash flow. Total monthly income is $4,240/mo, and annual cash flow is $481/yr on $223,354 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 7.49% on a $678,888 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation builds toward $187,564 over five years. Five-year ROI reaches 104.78% and total cumulative return in cash sums $234,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,240/mo property income rather than buyer’s personal income.
Townhouse
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94544, Hayward, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,658 (100%) |
| Owner Occupied HU | 12,411 (48.4%) |
| Renter Occupied HU | 11,989 (46.7%) |
| Vacant Housing Units | 1,258 ( 4.9%) |
| Median Home Value | $816,372 |
| Average Home Value | $908,386 |
Housing Distribution
Address Breakdown
Residential
24,688
Single Family
16,615
Multi-Family
8,073
Businesses
1,637
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Listed by: Edelino Chen • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82023651