Assuming $0 mortgage…
Tristate gross rental yield is 3.5% to 8% (dual family), but tax is 1.6% to 3% (Bayonne). We might hit vacant periods, maintenance costs, and commissions.
Net rental yield ≅ 2% to 5%.
Chris Ma said that bank deposits can earn 5%. I feel some relatively safe investments can generate 4% yield, but there’s no capital appreciation.