Here's where buying a house as an investment makes sense.

13. Pass Christian, Miss.
Located near luxury resorts, casinos and event venues, this part of the Gulf Coast is a haven for travelers looking to get away from it all. Extended stays make sense here so there would be a high demand for vacation home rentals. If you head here on vacation, you can enjoy a dinner cruise, fishing trips and other water activities. You would pay $1,212 a month for a $264,450 mortgage and earn a monthly rental income of $1,192 which makes it easy to pay off this home within 10 years.

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