In a recent GoBankingRates and AOL article—Marcia Kaufman, CEO of Bayport Funding, explains that in certain U.S. markets, the rental income from one unit of a duplex can significantly offset—or even fully cover—the mortgage, making the “house-hacking” strategy especially appealing. She highlights five cities where this approach works best: Yonkers, NY, where housing costs are nearly half of New York City’s but rental demand remains strong; Hoboken and Jersey City, NJ, which benefit from proximity to Manhattan and high rental yields; Jacksonville, FL, where prices sit well below the national average while rental income stays competitive, though investors should account for insurance costs; the Raleigh–Durham, NC corridor, supported by universities and job growth that sustain rental demand; and Long Beach, NY, a beach-town commuter hub where short-term rentals can provide strong seasonal income. Kaufman emphasizes that even if rental income doesn’t completely cover the mortgage, duplexes still reduce the cost of ownership and create long-term investment advantages.
👉 Read the full story on GoBankingRates or AOL
