This single-family home in San Jose (3 bed/1 bath, 1,185 sqft) has a strong rent potential, with comparable properties and historical listings supporting a monthly range of $3,815–$4,350. Recent actual rents for similar homes in the area were typically in the $3,500–$4,000 range, matching the city's above-average market rates. Given the price point of approx. $1.36M, the estimated payback period (on gross rent) sits between 26–30 years, typical for competitive Silicon Valley neighborhoods. The Willow Glen area is highly desirable with steady appreciation, strong tenant demand, and very low vacancy rates (3–5%). Property features like updated HVAC, hardwood floors, landscaped corner lot, and included utilities (internet, garbage, landscaping) further boost tenant appeal. Challenges include only one bathroom, but the high-end finishes, energy upgrades, and proximity to top schools and transit offset this limitation.
To maximize rental income, consider upgrading the bathroom or adding a second bath if feasible—this could push rent to the upper end of the range. Maintaining the modern finishes, outdoor amenities, and included utilities will attract premium tenants. If selling, highlight energy efficiency, tech features, and proximity to Santana Row, Valley Fair, and major employers. For investors, this property is a stable, low-vacancy performer that could benefit from minor capital improvements.