# House Hacking in Hayward (94541): Delivered downtown TOD and a 1.30% tax rate · The Rent Hacker > Hayward 94541 for house hackers: Lincoln Landing (474 units) delivered, a Downtown Specific Plan form-based code with capacity up to 3,427 units, and active B Canonical: https://therenthacker.com/house-hacking/hayward-94541/ Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml --- [East Bay guide](/house-hacking/east-bay/) · Tier A · Rank #15 of 87 # House hacking in Hayward (Downtown / North Hayward / Cherryland). Lincoln Landing (474 units) delivered, a Downtown Specific Plan form-based code with capacity up to 3,427 units, and active BART TOD planning, at a favorable 1.30% tax rate. ## What's actually happening in 94541 - Delivered Lincoln Landing (474 units plus retail): delivered, leasing since 2022. [BLDUP](https://www.bldup.com/projects/lincoln-landing) - Adopted Downtown Specific Plan form-based code with capacity up to 3,427 units. City of Hayward - Active planning Downtown Hayward BART TOD: three BART parcels in active planning, with public input running mid-2026. [City of Hayward](https://www.hayward-ca.gov/discover/news/may26/learn-about-and-provide-input-development-downtown-hayward-bart-station) - Operational / existing anchor In-ZIP BART (Orange/Green) plus Capitol Corridor, with CSU East Bay rental demand. BART ## The numbers Median price ~Hayward proxy (no ZIP median this run) Market rent Hayward $2,412/mo (Zumper) Property tax (Alameda County) ~1.30% effective (Hayward; among the most favorable in the metro) Per-bed rent band $850–1,200/mo per bed ADU rent band $1,900–2,400/mo Whole-home rent band 2bd $2,412 / 3bd $2,900 whole-home Underwriting vacancy 5% underwriting vacancy Appreciation scenarios 1.5 / 3.0 / 4.0 %/yr (conservative / base / upside) The 1.30% tax rate is among the metro's most favorable. Appreciation basis: Delivered Lincoln Landing plus form-based capacity; the 1.30% tax aids the pencil. Rent bands are city-level medians; confirm the specific parcel before trusting any of them. [Run your own scenario in the calculator](/calculator/). ## Buildings we underwrote in 94541 13 buildings in 94541 carry a record. 0 beat renting and index funds; the rest did not. Every row links to its own page, with the numbers it was scored on. Property At our defaults Status [188 Sunset Blvd](/property/rh-ymb9b1/188-sunset-blvd/) 3 units · $1,125,000 −$104,444 S&P 500 Underwritten — the index wins at our defaults [25325 Windfeldt Rd](/property/rh-ckco20/25325-windfeldt-rd/) 2 units · $998,000 −$423,250 S&P 500 Underwritten — the index wins at our defaults [391 Bartlett Ave](/property/rh-c052k5/391-bartlett-ave/) 4 units · $1,600,000 −$472,659 S&P 500 Underwritten — the index wins at our defaults [1245 Cotter Way](/property/rh-u2oj3a/1245-cotter-way/) 2 units · $875,000 −$494,402 S&P 500 Underwritten — the index wins at our defaults [22792 Bayview Ave](/property/rh-sxv34q/22792-bayview-ave/) 2 units · $999,000 −$501,921 S&P 500 Underwritten — the index wins at our defaults [1124 Rex Rd](/property/rh-d3wc37/1124-rex-rd/) 2 units · $1,350,000 −$545,938 S&P 500 Underwritten — the index wins at our defaults [21492 Montgomery Ave](/property/rh-dsxcsj/21492-montgomery-ave/) 2 units · $1,100,000 −$704,906 S&P 500 Underwritten — the index wins at our defaults [24024 Park St](/property/rh-ku82p6/24024-park-st/) 2 units · $1,250,000 −$783,705 S&P 500 Underwritten — the index wins at our defaults [230 Flanders Ct](/property/rh-sv00ap/230-flanders-ct/) 2 units · $1,549,000 −$1,056,071 S&P 500 Underwritten — the index wins at our defaults [2039 D St](/property/rh-hjvzxe/2039-d-st/) 2 units · $1,380,000 −$1,062,168 S&P 500 Underwritten — the index wins at our defaults [21585 Montgomery St](/property/rh-0jqgpz/21585-montgomery-st/) 2 units · $1,349,888 −$1,072,357 S&P 500 Underwritten — the index wins at our defaults [1251 Bellina St](/property/rh-woj5nn/1251-bellina-st/) 2 units · $1,574,950 −$1,261,533 S&P 500 Underwritten — the index wins at our defaults [20342 Concord Ave](/property/rh-ztjgai/20342-concord-ave/) 2 units · $1,700,000 −$1,661,233 S&P 500 Underwritten — the index wins at our defaults The full [board](/board/) shows every region's current week; this table is every record we hold for 94541, newest basis first. ## The house-hack angle SFH-with-ADU and small multifamily near downtown BART; room rentals to CSU East Bay students and BART commuters. Hayward's 1.30% tax buys 40–60 bps of coverage vs Oakland or Berkeley. ## What breaks it - The BART-parcel TOD is still in planning: treat it as designation until capital shows up - City-proxy rents: re-comp at the property level - Metro insurance repricing lands H2 2026: get a bindable quote (flatland Hayward is manageable, but price it) This page is the standing analysis. The weekly part, actual Hayward-area listings that pass the math, lands on the East Bay board every Wednesday. [This week's East Bay board](/board/sf-east-bay/) [This week's East Bay board](/board/sf-east-bay/) · [Read past East Bay issues](/issues/sf-east-bay/) · [Every pick, on the record](/track-record/) · [How a deal becomes a pick](/methodology/) Data synthesized 2026-07-04, catalysts re-verified 2026-07-15. Mortgage-rate basis: 6.43% (Freddie Mac PMMS, week of 2026-07-02). Sources are the public planning documents and market listings named above, fetched on the synthesis date. Nothing here is investment advice; every deal needs a bindable insurance quote and parcel-level verification.