The property at 37 May Ct, Hayward, with its 4 beds and 2 baths, offers a potential rental income between $3.5K and $4K per month. The estimated payback period would depend on the final purchase price and associated costs. Hayward's rental market is stable, with rising demand due to proximity to major Bay Area hubs. Its large lot size and garage are attractive features, although being a fixer-upper presents a challenge.

To increase rental income, consider modernizing the interior and improving curb appeal. Updating the kitchen and bathrooms could significantly boost rental value. If selling, marketing the property's large lot and potential for customization could attract buyers. Highlight the property's proximity to major transportation routes and local amenities.