200k Purchase Price Seeking Cashflow

[Zane K.]

Hi Everyone, 

This is my first time posting so I apologize if this is the wrong forum. 

I live in California and like many California Investors prices are just too high in the area I live. I am looking for my first rental property with a goal of Cashflow! 

My max purchase price is around 200k. 

I have never been to Texas but am planning on making a trip to check the area out. What areas would you recommend for cash flow at my purchase price?

I am open to areas outside of Houston as well. Any insight you can give me is very appreciated!

Thank you!

[Samuel Diouf]

Hey Zane, at the max price of $200k there are some great opportunities in Columbus, Ohio. Many investors from California, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets. Ohio markets show up 3 times in Zillow’s 2024 hottest markets, with Columbus and Cincinnati taking the top 2 and 3 spots. I moved from Florida to start investing in Columbus due to the same reason.