3812 Haywood Street, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 2 bath
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Sacramento, CA 95838
This Dual-Income Residential Asset is a high-yield opportunity listed at $539,000, positioned relative to its $458,281 Fair Market Value. The valuation is driven by a robust $3,700 monthly rental income and a compelling 8.2% Gross Cap Rate. The property features two homes on one lot with fenced privacy, including an updated 3-bedroom main house and a private 1-bedroom unit with a private patio. Boasting a Condition Rating of 4, the asset ensures immediate cash flow near Grant Union High School. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3812 Haywood Street Subject | $539,000* List Price | 3 | 2 | 1,445 | $317 | - |
A 3705 Haywood Street Sold | $390,000 | 4 | 2 | 1,260 | $310 | 0.1 mi |
B 1033 Congress Avenue Active | $477,000 List Price | 3 | 4 | 1,485 | $321 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is 39 years old. While Unit 1 is described as 'updated,' the visible living room features older-style tile flooring and a dated light fixture. Unit 2 shows more recent updates in its kitchen and bathroom, including modern vanities, newer floor tiles, and a mini-split AC unit. However, the overall property presents a mix of older and more recent renovations, with some components clearly outdated (e.g., Unit 1's living room, outdoor laundry setup). It is maintained and functional but requires minor updates to achieve a more consistent and modern aesthetic throughout, particularly in Unit 1.
The property features two separate homes on one lot, generating a substantial combined monthly rental income of $3,700, making it an attractive investment.
With an 8.2% Gross Cap Rate, the property offers a compelling return on investment for potential buyers.
Both units have long-term tenants, with Unit 1 secured until 10/26 and Unit 2 transitioning to month-to-month, ensuring immediate and reliable income flow.
Built in 1985, the property is nearly 40 years old, which may indicate aging systems (e.g., HVAC, plumbing, electrical, roof) that could require significant capital expenditures in the near future.
While Unit 1 is updated, the condition of the 600 sqft second unit is not detailed, potentially implying a need for future renovations or deferred maintenance to maximize its value.
The surrounding area includes several schools with lower ratings, which could be a consideration for families and potentially impact long-term property desirability and appreciation.
2 Homes on 1 Lot with fenced privacy separating the two units. Unit 1 rents for $2,300 per month, Unit 2 is $1,400, $3,700 per month and annual gross income $44,400, providing a Gross Cap Rate at 8.2%. Unit 1 is a 3 bedroom 2 bath and has been updated. Unit 2 is roughly 600+/- SqFt, 1 bedroom, 1 Bath with full kitchen, parking, private entrance, and yard. Both units have washer and dryer hookups. Both tenants are long term, with Unit 1 good trhough 10/26, and Unit 2 is soon to expire 11/25, and will be placed on Month to Month.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,445 | 1,217.5 | 72% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $539.0K | $390.0K | 92% |
| Price per sq ft | $373 | $325 | 75% |
| Built year | 1985 | 1963 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 190 | 37% |
Nov 3, 2025
$539,000
Initial Listing
Dec 30, 2021
$390,000
Public Record
Jun 11, 2013
$155,000
Public Record
Oct 13, 2010
$27,000
Public Record
Jun 24, 2005
$180,000
Public Record