A good location based on feng shui principles could make a property valuable, even if it is not on prime location. Feng shui should be a deciding factor when considering property for investment or as a residence.
The best properties are those situated at confluences or on the inside bend of a river or road. Property built there will tap into the forces circulating in the curve. Some properties in prime areas may not do as well as those on the other side of the road.
Feng shui principles are the same whether the property is a residential or rented property.