Top 10 Towns For Mom-and-Pop Landlords

Moving? You might want to consider becoming a mom-and-pop landlord. Mom-and-pop landlords rent rather than sell their homes or properties when they move elsewhere.

Becoming a mom-and-pop landlord means you don’t need to sell your house right away to see money back. It means, most of the time, turning a monthly profit. And, if you’re a good landlord, you’ll likely have between one and five really grateful millennials taking care of your house while you’re gone.

Zillow has tips for mom-and-pop landlords who are just starting out, and they’ve listed the top 10 American cities where mom-and-pop landlords can turn a quick profit. They calculated the lineup based on a 30-year fixed mortgage at 4.5 percent, which is now higher than the national average.

1. Oklahoma City

2. Miami-Fort Lauderdale, Florida

3. Tulsa, Oklahoma

4. Cincinnati

5. Denver

6. Rochester, New York

7. Tampa, Florida

8. Dallas-Fort Worth, Texas

9. Indianapolis

10. Memphis, Tennessee