It seems crazy, but a low priced home can be more expensive than a high priced home.
Whether you are looking for a home to live in or to rent out to generate income, comparing the monthly cost of buying a home to the rental income it can produce is a great way to tell if it is truly affordable or not.
We compare the rent against the monthly ownership cost to calculate the cash on cash return of a home.
The cash on cash return reveals the true affordability of a home.
| City | State | Highest COC Return | Average COC Return | Lowest Price | Average Price | Highest Rental Income | Average Rental Income | Lowest Payment | Average Payment |
|---|---|---|---|---|---|---|---|---|---|
| Catonsville | Maryland | 39.3% | -1.4% | $99,900 | $513,971 | $7,698 | $2,977 | $1,029 | $3,650 |
| Washington | Pennsylvania | 39.1% | -1.0% | $117,000 | $439,420 | $4,817 | $2,189 | $809 | $2,879 |
| Cypress | California | 23.0% | -14.4% | $199,999 | $1,274,382 | $9,929 | $4,516 | $1,638 | $8,301 |
| Grand Rapids | Michigan | 38.1% | -4.4% | $124,900 | $478,114 | $7,110 | $2,579 | $923 | $3,361 |
| Encinitas | California | 11.2% | -17.6% | $239,000 | $2,456,601 | $52,672 | $6,586 | $2,313 | $16,063 |
| Concord | New Hampshire | 16.1% | -10.0% | $151,000 | $747,341 | $7,276 | $3,599 | $1,651 | $5,452 |
| Kailua | Hawaii | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Vallejo | California | 1.0% | -11.6% | $315,000 | $742,436 | $3,858 | $3,166 | $2,639 | $4,811 |
| South San Francisco | California | 7.1% | -14.3% | $709,900 | $1,061,316 | $6,641 | $4,448 | $4,756 | $7,543 |
| San Francisco | California | 33.3% | -11.0% | $325,000 | $1,306,774 | $8,297 | $4,960 | $2,514 | $8,549 |
| Maysville | Arkansas | 27.9% | -3.2% | $99,000 | $660,698 | $4,123 | $1,891 | $622 | $3,876 |
| Renton | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 | |
| Los Angeles | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 | |
| Hastings | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Florahome | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Georgetown | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Palm Coast | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Flagler Beach | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fort McCoy | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Eastlake Weir | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Edgewater | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| East Palatka | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| De Leon Springs | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Port Orange | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Daytona Beach | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Citra | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Crescent City | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Bunnell | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Astor | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Yulee | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| White Springs | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Wellborn | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Starke | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Sanderson | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Raiford | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Ponte Vedra Beach | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Ponte Vedra | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Saint Augustine | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Penney Farms | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| O'Brien | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Middleburg | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Mayo | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Orange Park | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Macclenny | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| McAlpin | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Lulu | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Live Oak | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Lee | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Lawtey | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Lake Butler | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Jennings | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Jasper | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Hilliard | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Hampton | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Green Cove Springs | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Glen Saint Mary | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fort White | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fernandina Beach | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Elkton | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Lake City | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Day | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Callahan | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Bryceville | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Branford | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fleming Island | Florida | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Weleetka | Oklahoma | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fruitvale | Texas | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Denver | Colorado | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Las Vegas | Nevada | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Fort Huachuca | Arizona | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Brush Prairie | Washington | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Honolulu | Hawaii | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Zenda | Wisconsin | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Millsboro | Delaware | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Barto | Pennsylvania | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Carlsbad | California | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Alpharetta | Georgia | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Chattanooga | Tennessee | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Hilo | Hawaii | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| New Haven | Connecticut | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |
| Pinellas Park | 37.8% | 1.2% | $170,000 | $542,297 | $7,933 | $3,273 | $1,217 | $3,833 | |
| Accokeek | 21.3% | -1.2% | $129,000 | $556,829 | $5,463 | $3,285 | $1,377 | $3,592 | |
| Portland | 0.0% | 0.0% | $0 | $0 | $0 | $0 | $0 | $0 |