Associated Press Release
ORLANDO, Fla. (AP) -- Three Florida counties are on a list of the best "hidden gem" markets to buy rental properties.
Housing data providers RealtyTrac and RentRange said this week that Alachua, Escambia and Santa Rosa counties are among the top 25 "hidden gem" markets to buy a single-family house to rent out.
The companies based their rankings on gross rental yield, the expected return on investment before accounting for taxes, maintenance fees and other costs.
Topping the list were two Texas counties -- Wichita and Lubbock.