One State Has 3 of the Top 5 Zip Codes for Real Estate Investors

If you're looking to invest in real estate, location is paramount.

HomeUnion, an online real-estate investment management firm, has identified ZIP codes in 20 US metros where investors have seen the highest return on investment and minimal risk over a five-year period.

To compile its list, HomeUnion calculated the total annualized return — including projected appreciation and cash flow — of single-family rentals for more than 200,000 neighborhoods in its database using a proprietary methodology. It then eliminated neighborhoods with an average school rating below the 70th percentile, based on data from Maponics.

#5 Zip Code: 33327
Weston, Florida
Annualized total return: 6.6%

#4 Zip Code: 33158
Palmetto Bay, Florida
Annualized total return: 6.8%

#3 Zip Code: 48322
West Bloomfield Township, Michigan
Annualized total return: 6.9%

#2 Zip Code: 19035
Gladwyne, Pennsylvania
Annualized total return: 6.9%

#1 Zip Code: 33434
Hamptons at Boca Raton, Florida
Annualized total return: 8.1%

Full story at Business Insider