Rental property investments go farther in the South, HomeUnion says

Expensive rental markets aren't always the best for investors
  • With 25 percent down on a $400,000 purchase, investors are likely to find condos with lower monthly returns in costly rental markets.
  • In Austin and Dallas, rental investors can purchase two single-family homes at the same price point.
  • In Oakland, a $400,000 condo rents out for $2,200 per month.

Demand may be high in your area, but is the potential revenue for rental property investments worth the entry costs? HomeUnion analyzed the top cities for single-family investment properties to find out.