623 Murphy Ranch Rd, Milpitas, CA 95035

Terms at 623 Murphy Ranch Rd

- Garbage included in rent. Water, Electricity, Gas and Internet not included in rent. - Smoking is NOT permitted inside the property including in the patio. - No pets in the property Available: June 1, 2026 | Rent: $4,500/month | Lease: 12 months (fixed term) BEFORE YOU APPLY READ THIS FIRST This is a competitive listing processed strictly on a first-come, first-qualified basis. Please do NOT apply if you do not meet ALL of the following minimum requirements: CREDIT SCORE: 710+ for EVERY adult applicant. (Regardless of employment status, every adult must pass the credit and background check individually.) INCOME: $13,500+ total household monthly income. (This can be from one person or combined. Income must be lawful and verifiable.) DOCUMENTS: Required for all income-earners. (If an applicant is not contributing income, they only need to complete the credit/background check.) 2 most recent pay stubs (Must show employer name, pay period, and gross income) W-2 forms for the last 2 years (2024 and 2025) Self-employed? Substitute with your last 2 years of federal tax returns (Form 1040 2024 and 2025). We evaluate income based on the Net Profit reported on your tax filings. No active collections or bankruptcies Once your Zillow application is submitted, you will be messaged immediately requesting the documents above. You will have 24 hours to respond. If documents are not received within 24 hours, your application will be considered incomplete and the next qualifying applicant will be contacted. Do not apply if you cannot meet these requirements or provide these documents promptly. HOW TO APPLY This unit uses a TWO-STEP screening process. Applications are processed in the order received on a first-come, first-qualified basis, in accordance with California's sequential screening requirements (AB 2493) IMPORTANT: BOTH Step 1 AND Step 2 must be fully completed and passed to be approved for tenancy. Passing Step 1 does not guarantee approval it only advances the applicant to Step 2. Final approval is granted only after all Step 2 Rentspree verifications are successfully completed and all criteria are met. Failure to pass any single requirement in either step will result in disqualification. Step 1 : Zillow Application + Document Submission (at your cost) Submit a complete Zillow rental application. Once submitted, you will be messaged requesting your documents (see BEFORE YOU APPLY above). Applications will be reviewed in the order received. The first applicant who meets the credit score threshold, income requirement, AND submits all required documents within 24 hours will advance to Step 2. Step 2: Rentspree Full Verification for every adult (at landlord's cost) The first qualifying applicant will be invited to complete a full Rentspree verification package. Landlord pays all Rentspree fees no cost to the applicant. Final approval requires ALL of the following to be passed: Rentspree ResidentScore greater than 710 Income verified via Rentspree bank verification (minimum $13,500/month confirmed) Satisfactory rental history eviction check via Rentspree Satisfactory criminal background check via Rentspree FINANCIAL TERMS Monthly Rent: $4,500 Security Deposit: $4,500 (one month's rent, per California Civil Code 1950.5) Lease Term: 12-month fixed-term lease Rent Payment: Set up via Zillow's rent payment platform (ACH/bank transfer) Lease Agreement: Generated through Zillow, signed via Rentspree WRITTEN SCREENING CRITERIA These criteria are applied consistently and equally to all applicants. ALL criteria in both Step 1 and Step 2 must be met for an applicant to be approved. Meeting Step 1 criteria alone is not sufficient for approval. STEP 1 CRITERIA (via Zillow) STEP 1 CREDIT SCORE (via Zillow) Minimum credit score of 710 (FICO or equivalent) as reported through Zillow's screening. Applicants with a score below 710 will not advance to Step 2. STEP 1 GROSS MONTHLY INCOME (self-reported on Zillow application) Minimum gross monthly income of $13,500 (3x the monthly rent of $4,500) must be self-reported on the Zillow application. This figure will be cross-checked against submitted pay stubs and W-2s, and verified at Step 2 via Rentspree bank data. Applicants who do not meet this threshold will not advance to Step 2. Note: Applicants will not be disqualified based solely on the SOURCE of their income. Only the AMOUNT and VERIFIABILITY of income will be evaluated, in compliance with California law (Government Code 12955). STEP 1 REQUIRED DOCUMENTS (submitted via Zillow messaging within 24 hours) 2 most recent pay stubs (showing employer name, pay period, and gross income) W-2 forms for the last 2 years (2024 and 2025) Self-employed applicants may substitute last 2 years of federal tax returns (Form 1040 2024 and 2025). Applications without complete documents within 24 hours of requested will not advance to Step 2. STEP 2 CRITERIA (via Rentspree) STEP 2 RESIDENTSCORE (via Rentspree) Minimum Rentspree ResidentScore of 710 for all adults required for final approval . ResidentScore is a rental-specific score generated by Rentspree and powered by TransUnion. It is distinct from a standard FICO credit score. Applicants whose ResidentScore falls below 710 will not be approved, even if they passed Step 1. STEP 2 INCOME VERIFICATION (via Rentspree bank verification) Income will be verified exclusively through Rentspree's bank-based income verification, powered by Finicity (a Mastercard company). Applicants will securely connect their bank account through a one-time encrypted connection, generating a verified report of deposit history from the past 12-24 months. This confirms that actual bank deposits support the gross monthly income of $13,500 or more. All fees for this verification are covered by the landlord. STEP 2 RENTAL HISTORY (via Rentspree eviction check) Eviction history will be checked through Rentspree. No prior evictions on record. Prior eviction filings that were dismissed or resolved in the applicant's favor will be evaluated individually. STEP 2 CRIMINAL BACKGROUND (via Rentspree background check) Criminal history will be checked through Rentspree and reviewed on a case-by-case, individualized basis in compliance with California Fair Employment and Housing Act (FEHA) guidelines and HUD guidance. Factors considered include: The nature and severity of any offense Time elapsed since the offense Evidence of rehabilitation Relevance to tenancy safety Arrests without conviction, expunged or sealed records, and juvenile records will NOT be considered. A criminal history alone does not automatically disqualify an applicant. LEASE TERM & NOTICE POLICY This is a fixed 12-month lease. The tenancy ends automatically on the lease end date unless both parties agree in writing to renew. No additional notice is required from either party to end the tenancy at the conclusion of the fixed term. If the tenancy converts to month-to-month after the fixed term, either party may terminate with written notice per California Civil Code 1946.1: 30 days' written notice if the tenant has occupied the unit for less than one year 60 days' written notice if the tenant has occupied the unit for one year or more This property is a privately owned condominium and is NOT subject to the City of Milpitas Rent Review Ordinance (RRO), per the RRO's exemption for condominiums not owned by a corporation. Written notice of this exemption will be provided to the tenant at lease signing. STATE LAW EXEMPTION DISCLOSURE This property is not subject to the rent limits imposed by Section 1947.12 of the California Civil Code and is not subject to the just cause requirements of Section 1946.2 of the California Civil Code. PORTABLE TENANT SCREENING REPORTS Applicants may submit a valid Portable Tenant Screening Report (PTSR) less than 30 days old, per California AB 2559. If a valid PTSR is submitted, no separate Zillow screening fee will be charged. Note that Step 2 Rentspree verification including ResidentScore, income verification, eviction check, and criminal background check is still required for final approval, as these are generated exclusively through Rentspree. FAIR HOUSING STATEMENT This property is offered in compliance with all applicable federal and California state fair housing laws, including the Federal Fair Housing Act and California FEHA. We do not discriminate based on race, color, religion, sex, national origin, ancestry, disability, familial status, marital status, source of income, sexual orientation, gender identity, age, military or veteran status, or any other characteristic protected by law. CONTACT Questions? Message through Zillow's platform. Please review the BEFORE YOU APPLY section above and confirm you meet all requirements before submitting your application. We look forward to finding a great tenant for this home!

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At $4,500, this listing is priced similarly to the current market rate for a 3 bedroom home in Milpitas.

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in Milpitas go for $4,500
in Santa Clara County go for $4,455
in 95035 go for $4,500

623 Murphy Ranch Rd

Milpitas, CA 95035

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