Ultimately, it will depend on the type of "investing" that you will be doing. A property can cash-flow, or it can appreciate. Ideally, we want both to happen. However, it will depend on a few factors that the Buyer brings to the table, such as liquid capital available to work with, mortgage balance (if any), and purchase price related to the rental income.
All of these factors work together to get a sense of whether it can work.
My suggestion is work with an agent who understands investments beyond the "sure, it'll appreciate 3-5% a year." Once scenario for one person will not be a good match for another. Your investment will be highly personal to your situation.
Feel free to reach out if you have more questions.