351 Laurel Ave APT 21HaywardCA94541
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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 351 Laurel Ave APT 21, Hayward, CA, 94541 priced at $405,000 converts $3,076/mo rent into $53/mo cash flow after a $1,982/mo obligation. Total monthly income equals $3,076/mo, and annual cash flow totals $641/yr on $134,258 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 9.11% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 107.09% and total cumulative return in cash sums $143,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,076/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$510 monthly 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: Jeff Fajardo • Fohl Realty & Investments
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41061333
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 2024-10-18 10:25:21 PDT.