The townhome located in San Jose's Berryessa area has a high rent potential, with monthly rents estimated between $3,200 and $3,750. Given its 3-bedroom, 1.5-bath layout spanning 1,130 sqft, it aligns well with the current market demand for family-friendly spaces. The property's proximity to major tech hubs and amenities further enhances its appeal. However, the payback period might extend due to the HOA fees of $215/month. The neighborhood's upward trend supports a positive rental outlook, but competition from new developments could be a challenge.
To increase rental income, consider modernizing the kitchen and bathrooms, potentially enhancing the property's appeal. Energy-efficient upgrades could also attract eco-conscious tenants. For those contemplating a sale, positioning the property as a lucrative investment in a tech-centric area could draw interest from investors. Highlighting its proximity to key amenities and transportation links will be essential in marketing efforts.