Hi! I'm a SPU alum (2005) with a house to sell in Fremont.
The listed rent is an estimate of the monthly mortgage on this house at the purchase price of $675,000 with 20% down - though you may be able to pay as little as 3% down.
This house is a cozy updated 2 bed 1 bath with a large basement for storage.
Buying a house for you (or your children) to live in during school is a great way to not only avoid paying rent, but also see the investment appreciate while you own the house.
The property is multifamily zoned (LR2) so you have the option to sell to a developer or build on the property (new condos or raise the house and build more units under it) after you are done with it.