ZIP CODE 94544 // SAN FRANCISCO-OAKLAND-BERKELEY, CA // DATA AS OF 2026-09-30
Hayward, CA (94544) Rental Property Cap Rate & Cash Flow Report
Located in Alameda County (Hayward, CA), Zip Code 94544 ranks #398 of 500 within this selected sample (21th percentile) with a Zillow ZHVI typical home-value index of $804,006 (-3.2% YoY) and a ZORI observed market rent of $2,637/mo (+3.3% YoY). Requires at least 70.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$2,582/mo
Annual: -$30,984/yr
Modeled Cap Rate
2.21%
NOI: $17,802/yr
Cash-on-Cash Return
-16.76%
Cash Needed: $184,921
1% Rule Ratio
0.33%
Gross Yield: 3.94%
Break-Even Rent
$5,605/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 94544 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$4,065/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$1,153/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (94544)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $828,085 | $2,282/mo | 3.31% |
| 2022 | $880,668 | $2,439/mo | 3.32% |
| 2023 | $848,077 | $2,446/mo | 3.46% |
| 2024 | $902,002 | $2,515/mo | 3.35% |
| 2025 | $830,783 | $2,553/mo | 3.69% |
| 2026 | $804,006 | $2,637/mo | 3.94% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 92105 San Diego, CA | $683,243 | $2,248/mo | 2.22% | -$2,188/mo |
| 93065 Simi Valley, CA | $831,073 | $2,716/mo | 2.20% | -$2,677/mo |
| 94558 Napa, CA | $892,001 | $2,903/mo | 2.19% | -$2,884/mo |
| 90280 South Gate, CA | $696,546 | $2,264/mo | 2.18% | -$2,255/mo |
| 91335 Los Angeles, CA | $786,164 | $2,531/mo | 2.15% | -$2,566/mo |
| 90201 Bell, CA | $690,202 | $2,310/mo | 2.28% | -$2,176/mo |