if you need cash flow, here is a list to build out the dividend

consumer non-cyclicals
REITs
Utilities
manufacturing
mREITs (which have almost no income correlation to equity REITS)
Energy production
Energy transport, storage and retailing (principly MLPs)
preferred stock
financials

annuity can be part of the solution. These two houses are not good investment. It will be ok if it is in the 600k range.