Do you run into much that even comes close to that? I see two properties for ~$258, but neither of those look like they’d fetch near $1700 a month in rent. Also, at that price ($250ish), it still seems like a borderline money losing situation.
And that’s after you’ve plunked down around $30K (I assume one has to put at least 10% down, maybe that’s not right?).
At $200K, you’d do better, but probably couldn’t exact the same rent either.
