24975 2nd StHaywardCA94541
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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 24975 2nd St, Hayward, CA, 94541 priced at $968,888 converts $6,503/mo rent into $383/mo cash flow after a $4,742/mo obligation. Total monthly income equals $6,503/mo, and annual cash flow totals $4,593/yr on $318,764 invested. Return on cash invested prints 21.5% in year one, and rental yield reads 8.05% against a $968,888 entry. Equity gained on principal adds $6,252/yr, while 5% annual appreciation compiles into $267,686 by year five. Five-year ROI reaches 111.51% and total cumulative return in cash sums $355,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,503/mo property income covering a $4,742/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,740 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94541, Hayward, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,767 (100%) |
| Owner Occupied HU | 9,638 (40.6%) |
| Renter Occupied HU | 12,938 (54.4%) |
| Vacant Housing Units | 1,191 ( 5.0%) |
| Median Home Value | $849,696 |
| Average Home Value | $970,695 |
Housing Distribution
Address Breakdown
Residential
22,893
Single Family
16,924
Multi-Family
5,969
Businesses
1,624
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Listed by: Tessa Parish • RHM Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81978215
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-29 04:41:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.