ZIP CODE 95014 // SAN JOSE-SUNNYVALE-SANTA CLARA, CA // DATA AS OF 2026-09-30
Cupertino, CA (95014) Rental Property Cap Rate & Cash Flow Report
Located in Santa Clara County (Cupertino, CA), Zip Code 95014 ranks #499 of 500 within this selected sample (1th percentile) with a Zillow ZHVI typical home-value index of $2,957,803 (+2.9% YoY) and a ZORI observed market rent of $4,258/mo (+9.8% YoY). Requires at least 96.1% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$14,234/mo
Annual: -$170,811/yr
Modeled Cap Rate
0.29%
NOI: $8,665/yr
Cash-on-Cash Return
-25.11%
Cash Needed: $680,295
1% Rule Ratio
0.14%
Gross Yield: 1.73%
Break-Even Rent
$20,619/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 95014 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$14,956/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$3,536/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (95014)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $2,334,843 | $3,263/mo | 1.68% |
| 2022 | $2,616,599 | $3,576/mo | 1.64% |
| 2023 | $2,543,340 | $3,526/mo | 1.66% |
| 2024 | $2,834,254 | $3,652/mo | 1.55% |
| 2025 | $2,873,432 | $3,880/mo | 1.62% |
| 2026 | $2,957,803 | $4,258/mo | 1.73% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 95051 Santa Clara, CA | $1,792,706 | $3,922/mo | 1.07% | -$7,460/mo |
| 92677 Laguna Niguel, CA | $1,492,029 | $3,343/mo | 1.13% | -$6,141/mo |
| 90019 Los Angeles, CA | $1,169,848 | $2,743/mo | 1.24% | -$4,709/mo |
| 92618 Irvine, CA | $1,515,388 | $3,619/mo | 1.28% | -$6,042/mo |
| 94587 Union City, CA | $1,196,418 | $2,913/mo | 1.33% | -$4,722/mo |
| 90026 Los Angeles, CA | $1,140,670 | $2,781/mo | 1.34% | -$4,499/mo |