523 Somi CtHaywardCA94544
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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 523 Somi Ct, Hayward, CA, 94544 priced at $965,000 converts $3,134/mo rent into after a $4,723/mo obligation. Total monthly income equals $3,134/mo. Return on cash invested prints 7.87% in year one, and rental yield reads 3.9% against a $965,000 entry. Equity gained on principal adds $6,227/yr, while 5% annual appreciation compiles into $266,612 by year five. Five-year ROI reaches 38.79% and total cumulative return in cash sums $123,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,134/mo property income covering a $4,723/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$389 monthly 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: Noel Lopez • Nolo Real Estate and Mort. Ser
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224133257
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.