1. St. Petersburg, Fla.
2018 condo home value: $141,800
Rent growth: 12.5%
Rental yield: 15.2%
Whether you’re looking to retire in the warm Florida sun or pick up property for extra income, St. Petersburg tops our list as the best place to invest in rental property in the form of a condo. The city delivers top-notch rent growth and yield as well as condo property values that have increased 14.8 percent in the last year.
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