Good/Safe Areas To Live & Invest In - Springfield Ohio?

Good/Safe Areas To Live & Invest In - Springfield Ohio?

Member since 2021 · 3 posts · 2 votes

Hey everyone!

I am going to be moving to Springfield Ohio within the next month or two to be closer to my girlfriend who goes to a college nearby. I have visited this area a few times before but I am really unsure of what are the better or safer neighborhoods to live in. What would you all recommend?

I also have been saving money to invest in a duplex to house hack in this area, but I don't want to be too hasty with buying a property when I don't know the area well. So along with a safe neighborhood, what areas would be the best to look for to invest in? Primarily looking for cashflow and with appreciation being secondary.

Thank you all for your help and guidance!

Zachary Johnson

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Flipper/Rehabber · Springfield, OH · Member since 2016 · 13 posts · 4 votes
5y

Welcome to Springfield! It's a great little city in my opinion. Just know that a determined crackhead can go pretty far on a bike.. and this is a relative small city. 

Some of the more clever crackheads have started mounting small gas powered engines to their bicycles, and carry a gas can for extra range. 

There is a strong correlation between price and crime, a matter of supply and demand. If you want to be left alone, you probably want to be on the outskirts of the city. 

Hope this helps :)

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  • Real Estate Broker · Huntsville, AL · Member since 2019 · 1k+ posts · 872 votes
    5y

    This might sound obvious but look for signs of pride in home ownership. If you're on the fence about an area look at things like signs in the yard, decorations, and lawn care.

  • Flipper/Rehabber · Springfield, OH · Member since 2016 · 13 posts · 4 votes
    5y

    Welcome to Springfield! It's a great little city in my opinion. Just know that a determined crackhead can go pretty far on a bike.. and this is a relative small city. 

    Some of the more clever crackheads have started mounting small gas powered engines to their bicycles, and carry a gas can for extra range. 

    There is a strong correlation between price and crime, a matter of supply and demand. If you want to be left alone, you probably want to be on the outskirts of the city. 

    Hope this helps :)

  • Member since 2021 · 3 posts · 2 votes
    5y
    Originally posted by @Stephen Brown:

    This might sound obvious but look for signs of pride in home ownership. If you're on the fence about an area look at things like signs in the yard, decorations, and lawn care.

     I think that is some good advice. I haven't really thought too much about the pride in home ownership and looking at the signs in the neighborhood such as landscaping. I will definitely pay closer attention to that. Thank you!

  • Member since 2021 · 3 posts · 2 votes
    5y
    Originally posted by @Stas Solomon:

    Welcome to Springfield! It's a great little city in my opinion. Just know that a determined crackhead can go pretty far on a bike.. and this is a relative small city. 

    Some of the more clever crackheads have started mounting small gas powered engines to their bicycles, and carry a gas can for extra range. 

    There is a strong correlation between price and crime, a matter of supply and demand. If you want to be left alone, you probably want to be on the outskirts of the city. 

    Hope this helps :)

    Hello! And thank you for the welcome!

    Haha well I will definitely look out for that. 

    I am looking at the area East of South Burnett Rd, which looks to be nearing the outskirts of the city.

    I really appreciate the advice, that definitely helps and gives a good gage of where to be.


    Thank you!

  • Contractor · Member since 2020 · 16 posts · 16 votes
    4y

    Hi Zachary,

    Not sure if you’ve found a place yet but I’ve been investing in the SW area of Springfield.  The city has been investing a good deal of time and resources into the area,  and it has made a difference.  They’ve torn down a great deal of derelict and abandoned homes,  and crime has been on the decrease there as well.  Also there is already a plethora of MFHs there.

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