Never seen one with a net of 9%... But 5-6 is pretty easy.
Slacks creek (south side)
$350k for a 5 bdr 2 bathroom 2 story. (converted)...these used to be 3/4 bdr with single/double lock up garage downstairs.
Rents for $450 PW.
About 5.2% net rental yield for a cash purchase.
rents fall well behind home price surge, page-20
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