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5 Top Cities for Real Estate Investors in 2012

Third-best market: Topeka, Kan.
Projected 2012 price gains: 4.7%
Colpitts expects Topeka's rental market to do well in 2012 because of the area's high crop prices and low cost of living, "which makes [the city] more affordable for many folks."

The capital of Kansas, 230,800-population Topeka has a diversified economy that revolves around agriculture, state government and other sectors.

Publicly traded companies that call the city home include Capitol Federal Savings Bank (CFFN - Get Report) and Westar Energy (WR - Get Report)

Footwear giant Collective Brands (PSS) -- which owns the Keds, Saucony, Stride-Rite and Sperry Top-sider brands -- also has headquarters in Topeka. So does Collective's Payless shoe-store subsidiary.

Goodyear Tire (GT - Get Report) and other manufacturers also operate large factories in town, while Washburn University calls Topeka home.
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PSS $21.72 0.00%
CCL $48.65 -0.12%
BA $133.87 -0.69%
CFFN $13.29 -0.45%
GT $28.67 -4.10%


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