Lack of one percent rule

[Rashad A.]

Hi,

I am looking for rental house - SFH, and having hard time to find anything close to 1 percent rule (sale price vs rent price). Looking in Katy TX area due to good schools and close to where I live. Any thought recommendations appreciated

Thanks

Rashad 

[Jay Helms]

Originally posted by @Rashad A.:

Hi,

I am looking for rental house - SFH, and having hard time to find anything close to 1 percent rule (sale price vs rent price). Looking in Katy TX area due to good schools and close to where I live. Any thought recommendations appreciated

Thanks

Rashad 

 The 1-2% rule is typically a sliding scale. By that I mean, Class A <1% to where Class D >2%.  look in different neighborhoods.