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Updated over 6 years ago, 07/29/2018
Thoughts on a rental near train tracks?
What are thoughts on rental property near train tracks? I looked at a property today and it seems to be an overall good house with solid cashflow potential. BUT there is a train track that is really close to the property. Has anyone found that this has a significant effect on rental prices? I didn't even notice the train tracks were that close when we were there. But then I noticed a picture of a train in one of the professional pics on the listing when I was looking back through it.
It's a newer C+ rental neighborhood. Neighborhood rents are in the $750-$900 range for a 3/2.