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Jason Baldwin
  • Rental Property Investor
  • Denver, CO
6
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14
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Crime Rate - How high is too high?

Jason Baldwin
  • Rental Property Investor
  • Denver, CO
Posted Aug 25 2018, 10:04

I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to neighborhood scout. To be exact it says "Safer than 15% of U.S. Cities". Most crimes constitute Theft, Burglary, and Assault. Only 1 murder reported in 2017. So I wish to ask everyone... At what point do you draw the line and say that a neighborhood is too shady and move on? What other factors do you consider outside of neighborhood scout?

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