This studio/2-bed, 1-bath apartment in San Jose (Santa Teresa) is currently listed at $2,699/month, which aligns closely with the local comp range for studios and smaller apartments: $2,595–$2,800. The potential annual revenue is $32.4K–$33.6K, matching the competitive averages given San Jose’s tight vacancy rates and high rental demand[3][5]. With steady rent appreciation (about 3% yearly) and average rent growth citywide, the payback period is favorable for short-term-hold investors, especially as fully furnished units often attract premium rents in transient tech-driven markets[2][5]. Features like in-unit kitchen, modern furnishings, utilities included, and flexible lease terms further bolster occupancy and justify pricing at the upper end of comps.

To maximize rental value, consider subtle upgrades—improving soft goods, adding digital locks, or incorporating smart thermostats, as tech-savvy tenants expect turnkey convenience. If selling, highlight the unit’s move-in-ready status, flexible lease structure, and above-average local rent growth. Pricing should stay aggressive, but within the $2,600–$2,800 range for swift absorption, especially as nearby comps with similar size and amenities are landing leases in that bracket.