Mortgage

These are the 20 best and 20 worst markets for being a landlord

RealtyTrac heat map shows where returns are fat and thin

A combination of low home prices, interest rates at near-negative levels and climbing home prices and rents means this may be a good time to become Mr. & Mrs. Roper.

After all, there are still a slew of homeowners displaced by a foreclosure, short sale or bankruptcy, who mostly won't be able to get a loan for a number of years due to tight credit market restrictions.

So landlording can be a profitable endeavor, but more in some areas than in others.

Where?

RealtyTrac compared the median home prices and the average rent across the country to find the most profitable places to become a landlord.

 

Click the image to enlarge.

RealtyTrac offers an interactive heat map that shows where median home prices and average rental rates make for good — and not so good — returns on rental properties. Click here to go to their page and use the heat map.

(Notably, if you're a renter in one of those areas, you might be better off buying a home there.)

To see the list of the 20 best and 20 worst markets for landlords, click below.

What markets offer the best returns for your investment?

Which ones offer the worst?

Here you go.

Click here to see the best 20 markets for landlords.

Cash-flowing rental properties allow investors to build wealth over the long term in the form of an appreciating asset while also generating monthly income.

Good cash-flowing rentals can be found in many U.S. markets, but rapidly appreciating home prices are making it more difficult.

Click here to see the worst 20 markets for landlords.

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