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Santa Clara, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,600
Monthly Cash Flow
-$5,884
Principal + Equity
$10,761
Annual Total Gain
$58,523
Cash on Cash
-16.95%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$239
Occupancy Rate
70.97%
Monthly Revenue
$3,246
Monthly Cash Flow
-$6,725
Principal + Equity
$10,761
Annual Total Gain
$48,431
Cash on Cash %
-19.37%
Net ROI %
Market Health & Growth
Median Income
$173,670
Population
129,239
LTR Renter %
58.8%
Forecast (1 yr)
0.93%
Appreciation (1 yr)
-0.57%
Appreciation (5 yr)
36.79%
Appreciation (10 yr)
93.56%
Job Growth
1.42%
LTR Rentability
High
STR Demand
70
STR Rentals
416
Top Public Schools
ACupertino High School
AUniversity Preparatory Academy Charter School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Healthiest Cities in America
#12out of 229 markets
Healthiest Places to Live in America
#12out of 230 markets
Best Cities for Young Professionals in America
#10out of 229 markets
A-
Public School
C
Crime And Safety
C-
Housing
A
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Santa Clara, CA.
In Santa Clara, CA, short term rentals (STRs) are regulated by the city's zoning code and the Transient Occupancy Tax (TOT) ordinance. Here are some key regulations that an investor should be aware of before investing in purchasing a property for short term rental in Santa Clara:
1. Zoning regulations: Santa Clara has specific zoning regulations that govern short term rentals. The city distinguishes between hosted (where the property owner is present during the rental) and unhosted (where the property owner is not present) short term rentals. Hosted rentals are allowed in all residential zones, while unhosted rentals are only allowed in certain zones.
2. Permit requirements: Property owners must obtain a short term rental permit from the city in order to legally operate a short term rental. The permit application process includes submitting a floor plan of the property, proof of liability insurance, and paying a fee. The property must also pass a safety inspection before the permit is issued.
3. Transient Occupancy Tax (TOT): Property owners who rent out their property for less than 30 consecutive days are required to collect and remit TOT to the city. The current TOT rate in Santa Clara is 10.5%.
4. Noise and nuisance regulations: Property owners are responsible for ensuring that their short term rental guests comply with noise and nuisance regulations. Excessive noise or disruptive behavior can result in fines or the revocation of the short term rental permit.
5. Limitations on rental duration: Santa Clara has a limit on the number of days per year that a property can be rented out as a short term rental. Property owners should be aware of these limitations and ensure compliance with the regulations.
6. Enforcement: The city of Santa Clara actively enforces its short term rental regulations through inspections, complaints, and monitoring platforms. Property owners who violate the regulations may face fines, penalties, or the revocation of their short term rental permit.
Overall, investors should thoroughly research and understand the regulations governing short term rentals in Santa Clara before purchasing a property for this purpose. Compliance with these regulations is essential to avoid potential legal issues and ensure a successful short term rental business in the city.
Market Trends Over Time
Explore 25 years of market data for Santa Clara, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Santa Clara, CA.
The LTR Genie Score of Santa Clara, CA is 59 and STR Genie Score is 62, indicating a high level of rentability for both long-term and short-term rental properties in the area. The LTR Rent Growth Rate of 0.0262% and the 1-Year Price Appreciation Forecast of 0.93% suggest steady growth potential for long-term investments. The STR Net ROI of 11.62% and STR Occupancy rate of 70.97% indicate a strong demand for short-term rentals as well.
The LTR Genie Score is slightly lower than the STR Genie Score, which may be attributed to the higher net ROI for short-term rentals and the slightly higher occupancy rate. However, both scores are still considered high, making Santa Clara, CA an attractive market for both long-term and short-term rental investments.
Santa Clara, CA is known for its proximity to Silicon Valley, making it a desirable location for tech professionals and a hub for innovation. The city also boasts a strong job market and a diverse population, making it a stable and potentially lucrative market for real estate investors.
In conclusion, Santa Clara, CA presents a promising opportunity for real estate investors looking to invest in both long-term and short-term rental properties. With high rentability scores, steady growth potential, and a strong demand for rentals, this market is worth considering for investment.
