Single Family Rental investments are becoming a good financial strategy here in Florida.
Realtytrac releasing a new report saying on average, investors purchasing homes as rentals are seeing a near-10% annual return.
RealtyTrac's Daren Blomquist says some markets are faring better than others.
He says Miami-Dade and Broward saw around a 10% to 15% return on investment, but higher unemployment rates kept them from placing in the top areas.
Gainesville ended up being the best area in Florida for rental investment returns.
Check out the full report by clicking here.
(Photo: Alexandra Beier / 2011 Getty Images)