Tag Archives: 5 Top Hot Spots for Buying Rental Properties

Rents are on the rise nationwide and investors are looking to cash in. Local Market Monitor recently reviewed 316 housing markets to find which ones offered some of the highest returns on investment potential for single-family rental properties. The following are the top five markets that emerged from its list as best places to purchase a rental property in the U.S. 1. Las Vegas Median home price (2012): $122,000 Estimated median home price by 2015: $121,087 Projected annual rent in 2015: $12,829 2. Detroit Median home price (2012): $78,000 Estimated […]