947 Fletcher Ln #A223HaywardCA94544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Hayward at 947 Fletcher Ln #A223, Hayward, CA, 94544 uses $132,269 cash to close to unlock $7,975/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $3,133/mo, and a $1,953/mo payment keeps the spread at $665/mo. Purchase price stands at $399,000, and rental yield measures 9.42% with $3,133/mo rent. Return on cash invested shows 25.94% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash records $178,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,133/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1986
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennie Lok • KW Advisors
Mls Name: MLSListings Inc
Mls ID: #ML82030705