27937 Pueblo Calle · Hayward, CA 94545

$265,000

2 bd · 2.0 ba · 1,464 sqft · Manufactured · 11 Days on market

Built 1975 Fair condition Est $346k · 23% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +6.6/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Mobile home in Pueblo Springs features: 2 bedrooms; 2 full baths; kitchen with island and black finish appliances; separate living and family rooms; dining room with built in hutch; primary bedroom with private bath with soaking tub; 2 storage sheds; enclosed porch and open porch area; great location near guest parking and club house in desirable community.

Key facts

• Soaking tub
• 2 storage sheds
• Enclosed porch

Tags

• KITCHEN WITH ISLAND
• BLACK FINISH APPLIANCES
• SOAKING TUB
• 2 STORAGE SHEDS
• ENCLOSED PORCH
• OPEN PORCH AREA

Property features AI

Finance

• HOA & community: Pueblo Springs park community; Community clubhouse, greenbelt and guest parking; Community pool and heated spa; Game room; Park interview required; Pets allowed with restrictions (cats and dogs OK, approvals and limits may apply); Meters for electric and gas

Exterior

• Parking: Carport for two or more vehicles
• Utilities: Public water; Public sewer; Individual electric meter; Individual gas meter; Gas water heater
• Home design: Manufactured in park (mobile home); Double wide
• Construction: Aluminum siding; Crawl space foundation
• Exterior features: Covered, enclosed porch and deck; Front yard, back yard and side yard; Yard space and landscaped areas; On-site storage (sheds)

Interior

• Kitchen: Laminate counters; Kitchen island; Dishwasher; Disposal; Gas range / cooktop; Built-in oven; Range/oven built-in; Refrigerator; Ice maker hookup; Self-cleaning oven; Pantry
• Bedrooms: 2 bedrooms (street level)
• Flooring: Linoleum; Carpet
• Bathrooms: 2 full bathrooms; Other bathroom features: solid surface counters, stall shower, window; Primary bathroom features: solid surface counters, sunken tub, window
• Heating & cooling: Forced air heating (natural gas); Ceiling fans
• Interior features: Pantry; Dining area; Family room; Kitchen/family combo; Storage
• Laundry & utility: Laundry room with washer and dryer; 220-volt outlet; Cabinets in laundry area

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $265k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $600 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $265k).
• Cap rate 9.0% vs local median 2.1% in Hayward — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#124 in CA, #4,294 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, health & safety A+; Watch: schools D, crime F, cost of living F.
• Hayward Unified (urban): math 25% / reading 37% proficiency, ranked #935 of 1,400 in CA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.6%/yr); 70 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,742 units permitted in Alameda County in 2024 (856 in 5+ unit buildings).
• This rent runs 32% of the median local income ($114k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Alameda County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $265,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.16% ✓
• Cap rate: 9.01%
• Cash-on-cash: 9.70%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $345,504
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27957 Pueblo Serena	0.12mi	2/2.0	1,440 (-2%)	1mo	$260,000	$181	91
27939 Pueblo Calle	0.01mi	2/2.0	1,440 (-2%)	12mo	$335,000	$233	87
27920 Pueblo Serena	0.11mi	2/2.0	1,488 (+2%)	6mo	$260,000	$175	87
27936 Pueblo Calle	0.02mi	3/2.0 (+1)	1,440 (-2%)	10mo	$301,300	$209	83
27955 Pueblo Serena	0.12mi	2/2.0	1,440 (-2%)	14mo	$260,000	$181	80
27950 Pueblo Spgs	0.06mi	3/2.0 (+1)	1,440 (-2%)	13mo	$266,000	$185	78
27949 Pueblo Serena #78	0.09mi	3/2.0 (+1)	1,581 (+8%)	5mo	$375,000	$237	73
2696 Pueblo Crk #31	0.12mi	3/2.0 (+1)	1,481 (+1%)	19mo	$381,000	$257	71
28290 Applegate	0.72mi	3/2.0 (+1)	1,440 (-2%)	4mo	$340,000	$236	56
2470 Bourbon Dr	0.54mi	3/2.0 (+1)	1,344 (-8%)	1mo	$355,000	$264	55
2329 Bridwell Way	0.61mi	3/2.0 (+1)	1,537 (+5%)	6mo	$385,000	$250	53
2284 Bourbon #61	0.67mi	3/2.0 (+1)	1,534 (+5%)	7mo	$410,300	$267	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.61% rent growth · sell at horizon

5-year hold

• IRR: -2.1%
• Equity multiple: 0.92×
• Total profit: $-5,911
• Equity at exit: $39,512

10-year hold

• IRR: 7.2%
• Equity multiple: 1.53×
• Total profit: $39,315
• Equity at exit: $22,912

Cash invested: $74,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 94545

• Rents YoY: 2.6%
• Active inventory: 70
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $3,077 high
• Mortgage (P&I): −$1,390
• Tax est. 1.5%: −$331 /mo · $3,975/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$646
• Net cashflow: $600

Break-even live

Break-even rent $2,318

Max offer price $265,000

Occupancy floor 76%

Sensitivity live

Price	-10% $783	-5% $691	+0% $600	+5% $508	+10% $416
Rent	-10% $356	-5% $478	+0% $600	+5% $721	+10% $843
Rate	-1.0pp $733	-0.5pp $667	base $600	+0.5pp $531	+1.0pp $461

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2634 Oliver Dr Unit 2634 Hayward, CA	2.0	1.0	884	$2,300	$2.60	44d	1	0.39mi
27463 Ponderosa Ct Hayward, CA	2.0	1.5	988	$2,790	$2.82	44d	1	0.40mi
27715 Cliffwood Ave Hayward, CA	3.0	2.0	1128	$3,800	$3.37	44d	1	0.49mi
26754 Contessa St Hayward, CA	3.0	2.0	1527	$4,000	$2.62	22d	1	0.99mi
25800 Industrial Blvd Hayward, CA	1.0–2.0	1.0–2.0	820	$2,893	$3.53	0d	11	1.25mi
1234 McFarlane Ln Hayward, CA	3.0	2.0	1311	$3,660	$2.79	13d	1	1.32mi
1172 Huron Ln Hayward, CA	3.0	2.0	1290	$5,000	$3.88	22d	1	1.45mi
27500 Tampa Ave Unit 85 Hayward, CA	2.0	1.5	950	$2,275	$2.39	15d	1	1.49mi

Listing history 9 events

1. 2026-06-18
   days on market $265,000 Active 11 DOM
2. 2026-06-17
   days on market $265,000 Active 10 DOM
3. 2026-06-16
   days on market $265,000 Active 9 DOM
4. 2026-06-15
   days on market $265,000 Active 8 DOM
5. 2026-06-13
   days on market $265,000 Active 6 DOM
6. 2026-06-13
   days on market $265,000 Active 5 DOM
7. 2026-06-09
   days on market $265,000 Active 2 DOM
8. 2026-06-08
   remarks 360-char remark
9. 2026-06-08
   listed $265,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥89°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 12 unhealthy d/yr today · 12 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,925
• − Mortgage interest: −$14,844
• − Property taxes: −$3,975
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,954
• − Management: −$2,954
• − Depreciation: −$7,709
• Taxable income: $3,164
• Est. tax owed @ 24.0%: −$759
• After-tax cash flow: $6,435/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 14 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and maintenance, with a focus on updating the kitchen and bathrooms to increase its resale value.

Repairs flagged

• Moderate Kitchen cabinets — Worn and dated appearance
• Moderate Bathroom fixtures — Old and dated appearance
• Moderate Exterior siding — Weathered appearance
• Moderate Landscaping — Overgrown and needs trimming

Value-add opportunities

• Resale New kitchen cabinets and appliances — Modern kitchen will attract more buyers
• Resale New bathroom fixtures and vanity — Upgraded bathrooms will appeal to potential buyers
• Both Landscaping and curb appeal improvements — Enhanced curb appeal will attract both buyers and renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Worn and dated appearance	Moderate	$3,000–15,000
Bathroom fixtures · Old and dated appearance	Moderate	$3,000–15,000
Exterior siding · Weathered appearance	Moderate	$3,000–15,000
Landscaping · Overgrown and needs trimming	Moderate	$3,000–15,000
Total estimated repair cost · 4 items		$12,000–60,000

Value-add ROI direction

• Resale New kitchen cabinets and appliances — Modern kitchen will attract more buyers ↑
• Resale New bathroom fixtures and vanity — Upgraded bathrooms will appeal to potential buyers ↑
• Both Landscaping and curb appeal improvements — Enhanced curb appeal will attract both buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hayward Unified
• NCES district ID: 0616740
• Math proficiency: 25% ▼ -1.00%
• Reading proficiency: 37% ▬ 0.00%
• Median HH income: $65,326
• Composite: 31.27/100
• National rank: #11241
• State rank: #935 of 1400 in CA

Livability — Hayward

• Score: 75/100
• State rank: #124
• US rank: #4294

Category grades

Amenities A Commute A+ Cost of living F Crime F Employment A+ Housing B Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hayward, CA
• County: Alameda County · 1,614,355 people
• City population: 191,800
• Metro: San Francisco-Oakland-Berkeley, CA
• Population (ZIP): 32,843
• Household income: $114,356
• Rent vs Own: 28.9% rent · 71.1% own
• Severe rent burden: 702.0

Population outlook (Alameda County) Hauer SSP2

• Today (2025): 1,928,884 people
• By 2030: 2,069,146 · +7.3%
• By 2040: 2,338,405 · +21.2%
• By 2050: 2,586,608 · +34.1%
• By 2075: 3,061,911 · +58.7%
• By 2100: 3,234,133 · +67.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Asian 42% Hispanic / Latino 35% Two or more races 12% White 10% Black 8% Native American 1% Pacific Islander 1%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 1% Russian 1% Romanian 1%
• Foreign-born: 43% · Canada, China, Vietnam
• Languages at home: 39% English-only · Spanish 26% Tagalog/Filipino 14% Chinese 7%

Political lean MEDSL · Alameda

• 2024 margin: Solid D (+53.6) · D 74.6% · R 21.0% · Other 4.4%
• 2008→2024 swing: -5.9pp toward R · 2008: 59.5pp · 2024: 53.6pp
• All cycles: 2024: D+53.6 2020: D+62.5 2016: D+64.4 2012: D+59.8 2008: D+59.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -974.17%
• Current HPI: 304.698
• Rent YoY: ▲ 2.61%
• Metro: San Francisco-Oakland-Berkeley, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

1 event — show timeline

• 2026-06-07 Listed $265,000 bridgeMLS, Bay East AOR, or Contra Costa AOR