Mountain View, CA – a good location for your residential income property

While most communities throughout Silicon Valley have a solid track record for the residential income property investor, I believe Mountain View is now positioned to grow in property appreciation, as wells as rental rates, above average for the area.  The city of Mountain View and the school districts of Mountain View have made tremendous strides over the past 10 years or so, which have created a highly desirable community in which to live.

• Downtown Mountain View is vibrant with many restaurants, shops and night life. Check it out: Mountain View Downtown Guide.
• You can hop on the light rail to see a Sharks game in San Jose or take Caltrain to watch a Giants game in San Francisco.
• Home of many large employers including Google, Microsoft, Intuit, LinkedIn and Symantec that invest in the community and with employees desiring to live near work.  Read this: Google gives to local schools in 2011.
•  Most significant to the community is the continued growth in the school test scores. The Academic Performance Index (API) score for most schools is now in the 800 range with several exceeding into the 900 range. If you drill down in these reports you will find that many of the schools have subgroups of students in the 900 range, a good indicator that the education being delivered is on par with the surrounding communities like Los Altos and Palo Alto.  Take a look:  API scores for Mountain View-Whisman Elementary School District.

The property values and rents in a community are determined by the demand to live in that community. In Mountain View the schools, employers, transportation facilities and local businesses have melded together to create a community that will be in high demand, a good location for your residential income property. Contact me to explore properties for sale in Mountain View.