24674 Lyell WayHaywardCA94544
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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 24674 Lyell Way, Hayward, CA, 94544 priced at $899,000 converts $6,478/mo rent into $917/mo cash flow after a $4,400/mo obligation. Total monthly income equals $6,478/mo, and annual cash flow totals $11,001/yr on $295,771 invested. Return on cash invested prints 23.78% in year one, and rental yield reads 8.65% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 123.56% and total cumulative return in cash sums $365,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,478/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1952
4,791 sqft 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: Mayury Bounprakob • Coldwell Banker Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41067941
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-08-15 04:24:54 PDT.