1225 Vienna Dr #315 · Sunnyvale, CA 94089

$337,000

3 bd · 2.0 ba · 1,620 sqft · Manufactured · 7 Days on market

Built 2010 Est $355k · 5% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• ARV discount +9.8/15.0
• 1% rule +9.5/10.0
• Schools +5.3/10.0
• Livability +4.1/5.0
• Appreciation +3.2/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Classic 3 bedroom 2 bath home in Plaza del Rey featuring high ceilings and tall windows bringing in a lot of natural light. Large eat in kitchen with island features lots of storage and counterspace on beautiful granite counter tops, connected to large formal dining room. The primary bedroom features a large walk in closet and ensuite with dual vanity, stall shower, garden tub, and lots of storage. Other features include lovely laminate flooring in living areas and bedrooms, central AC and fans in some rooms, in unit laundry room with more storage. Comfortable enclosed side yard. 2010 Karsten S/N#SAC033842CAA/B

Key facts

• Tall windows
• Ensuite
• Large eat in kitchen

Tags

• HIGH CEILINGS
• TALL WINDOWS
• LARGE EAT IN KITCHEN
• GRANITE COUNTER TOPS
• WALK IN CLOSET
• ENSUITE

Property features AI

Finance

• Other: Property is in an incorporated area; Restrictions may apply: board approval, family park rules, guest restrictions, parking restrictions, and pet number restrictions
• HOA & community: Community amenities include barbecue area, billiard room, car wash area, clubhouse, community pool, exercise course, gym/fitness facility, playground, and sauna/spa/hot tub

Exterior

• Parking: Carport with tandem parking; 2 carport spaces (minimum); Assigned space number 315; Space rent applies
• Utilities: Public water; Public sewer; Individual electric meters; Individual gas meters
• Home design: Single-story unit; Leased land (park home site); unit will remain
• Exterior features: Composition and slate roof

Interior

• Kitchen: Gas cooktop; Built-in oven; Garbage disposal; Refrigerator
• Bedrooms: 3 bedrooms with walk-in closet(s)
• Flooring: Laminate flooring; Vinyl/linoleum flooring
• Bathrooms: 2 full bathrooms; Bathrooms feature double sinks, granite surfaces, combination shower and tub, stall shower, and sunken/garden tub
• Heating & cooling: Central forced air cooling; Central forced air heating with gas
• Interior features: High ceilings; Laundry room; Storage
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $337k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $337k).
• Cap rate 12.8% vs local median 1.2% in Sunnyvale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#37 in CA, #1,258 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living F.
• Santa Clara Unified (urban): math 49% / reading 66% proficiency, ranked #75 of 517 in CA (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.6%/yr); 68 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,838 units permitted in Santa Clara County in 2024 (1,886 in 5+ unit buildings).
• This rent runs 37% of the median local income ($158k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Santa Clara County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.6% rent growth), your $94k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $337,000

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.45% ✓
• Cap rate: 12.80%
• Cash-on-cash: 23.25%
• DSCR: 2.03
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $354,780
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1225 Vienna Dr #114	0.00mi	3/2.0	1,600 (-1%)	2mo	$380,000	$238	96
1225 Vienna Dr #44	0.10mi	3/2.0	1,658 (+2%)	1mo	$349,000	$210	91
1225 Vienna Dr #604	0.00mi	4/2.0 (+1)	1,740 (+7%)	1mo	$320,000	$184	82
1225 Vienna Dr #141	0.10mi	3/2.0	1,738 (+7%)	2mo	$380,000	$219	82
1085 Tasman Dr #620	0.20mi	3/2.0	1,725 (+6%)	1mo	$399,000	$231	79
1225 Vienna Dr #925	0.10mi	2/2.0 (-1)	1,490 (-8%)	1mo	$305,000	$205	76
1225 Vienna Dr #336	0.17mi	3/3.0	1,755 (+8%)	0mo	$428,000	$244	74
1085 Tasman Dr #496	0.20mi	3/2.0	1,780 (+10%)	2mo	$405,000	$228	73
1085 Tasman Dr #225	0.20mi	3/2.0	1,790 (+10%)	1mo	$400,000	$223	72
1085 Tasman Dr #708	0.20mi	3/2.0	1,440 (-11%)	1mo	$313,000	$217	72
1225 Vienna Dr #370	0.10mi	2/2.0 (-1)	1,440 (-11%)	1mo	$210,000	$146	70
690 Persian Dr #61	0.53mi	2/2.0 (-1)	1,464 (-10%)	2mo	$229,500	$157	53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.63% rent growth · sell at horizon

5-year hold

• IRR: 8.9%
• Equity multiple: 1.35×
• Total profit: $32,985
• Equity at exit: $50,248

10-year hold

• IRR: 17.8%
• Equity multiple: 2.45×
• Total profit: $136,896
• Equity at exit: $29,138

Cash invested: $94,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 94089

• Home prices YoY: -1.1%
• Rents YoY: 2.6%
• Active inventory: 68
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $4,901 high
• Mortgage (P&I): −$1,767
• Tax from tax record: −$136 /mo · $1,631/yr
• Insurance: −$140
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,029
• Net cashflow: $1,401

Break-even live

Break-even rent $3,127

Max offer price $337,000

Occupancy floor 66%

Sensitivity live

Price	-10% $1,592	-5% $1,497	+0% $1,401	+5% $1,306	+10% $1,211
Rent	-10% $1,014	-5% $1,208	+0% $1,401	+5% $1,595	+10% $1,788
Rate	-1.0pp $1,571	-0.5pp $1,487	base $1,401	+0.5pp $1,314	+1.0pp $1,225

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $84,250
• Closing costs: $10,110
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1271 Lawrence Station Rd Sunnyvale, CA	1.0–2.0	1.0–2.5	1417	$5,197	$3.67	3d	7	0.40mi
1220 N Fair Oaks Ave Sunnyvale, CA	1.0–2.0	1.0–2.0	887	$4,780	$5.39	3d	4	0.50mi
621 Tasman Dr Sunnyvale, CA	1.0–2.0	1.0–2.0	959	$4,557	$4.75	3d	9	0.51mi
568 Saco Ter Sunnyvale, CA	4.0	3.0	1720	$5,200	$3.02	3d	1	0.65mi
1171 La Rochelle Ter Unit G Sunnyvale, CA	3.0	2.5	2156	$5,200	$2.41	3d	1	0.70mi
550 E Weddell Dr Sunnyvale, CA	1.0–3.0	1.0–2.0	1255	$5,966	$4.75	3d	8	0.75mi
1235 Wildwood Ave Sunnyvale, CA	1.0–3.0	1.0–2.0	910	$3,377	$3.71	3d	12	0.89mi
1063 Morse Ave Sunnyvale, CA	1.0–2.0	1.0–2.0	844	$5,014	$5.94	3d	14	0.93mi
1257 Lakeside Dr Sunnyvale, CA	3.0	1.0–3.0	903	$5,075	$5.62	3d	1	1.01mi
781 N Fair Oaks Ave #6 Sunnyvale, CA	3.0	2.0	1134	$3,795	$3.35	17d	1	1.06mi
1030 Indian Wells Ave Sunnyvale, CA	1.0–2.0	1.0–2.0	1039	$6,915	$6.66	3d	1	1.13mi

Listing history 7 events

1. 2026-06-18
   days on market $337,000 Active 7 DOM
2. 2026-06-17
   days on market $337,000 Active 6 DOM
3. 2026-06-16
   days on market $337,000 Active 5 DOM
4. 2026-06-15
   days on market $337,000 Active 4 DOM
5. 2026-06-13
   days on market $337,000 Active 2 DOM
6. 2026-06-13
   remarks 618-char remark
7. 2026-06-13
   listed $337,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $1,631 · $136/mo
• Projected year-2 tax: $2,561 · $213/mo
• Expected delta: +$930/yr (+$77/mo · 57.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AE · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $58,807
• − Mortgage interest: −$18,877
• − Property taxes: −$1,631
• − Insurance: −$6,804
• − Repairs & maintenance: −$4,705
• − Management: −$4,705
• − Depreciation: −$9,804
• Taxable income: $12,282
• Est. tax owed @ 24.0%: −$2,948
• After-tax cash flow: $13,868/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Santa Clara Unified
• NCES district ID: 0635430
• Math proficiency: 49% ▼ -3.00%
• Reading proficiency: 66% ▲ 4.00%
• Median HH income: $97,320
• Composite: 53.46/100
• National rank: #1459
• State rank: #75 of 517 in CA

Livability — Sunnyvale

• Score: 82/100
• State rank: #37
• US rank: #1258

Category grades

Amenities A+ Commute A+ Cost of living F Crime C+ Employment A+ Housing B Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sunnyvale, CA
• County: Santa Clara County · 1,806,974 people
• City population: 154,236
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• Population (ZIP): 22,699
• Household income: $158,304
• Rent vs Own: 47.1% rent · 52.9% own
• Severe rent burden: 558.0

Population outlook (Santa Clara County) Hauer SSP2

• Today (2025): 2,179,074 people
• By 2030: 2,301,297 · +5.6%
• By 2040: 2,528,195 · +16.0%
• By 2050: 2,712,135 · +24.5%
• By 2075: 2,998,701 · +37.6%
• By 2100: 2,931,429 · +34.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Asian 45% White 24% Hispanic / Latino 24% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Scotch-Irish 2% Lithuanian 1% Estonian 1%
• Foreign-born: 51% · Canada, China, Vietnam
• Languages at home: 40% English-only · Spanish 18% Chinese 12% Other Asian/Pacific 8%

Political lean MEDSL · Santa Clara

• 2024 margin: Solid D (+40.0) · D 68.1% · R 28.1% · Other 3.8%
• 2008→2024 swing: -0.9pp no change · 2008: 40.9pp · 2024: 40.0pp
• All cycles: 2024: D+40.0 2020: D+47.4 2016: D+52.5 2012: D+42.1 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.70%
• Current HPI: 338.6935
• Rent YoY: ▲ 2.63%
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+44.0% since first listed

10 events — show timeline

• 2026-06-11 Listed $337,000 MLSListings
• 2026-06-11 Listed $337,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2024-08-16 Sold (MLS) $310,000 MLSListings
• 2024-07-23 Contingent — MLSListings
• 2024-07-15 Price Changed $319,888 MLSListings
• 2024-06-18 Price Changed $359,888 MLSListings
• 2024-06-07 Listed $380,000 MLSListings
• 2017-04-10 Sold (MLS) $218,000 MLSListings
• 2017-02-28 Pending — MLSListings
• 2017-01-04 Listed $234,000 MLSListings