Or do these statistics even matter?

NYC uses a magic formula (statistical analysis) to figure out how much your property is worth based on comparing size, style, and age of your unit with your neighborhood. 

Not bad for someone who is " regurgitating statistic ". 

I have a background in statistical analysis, that having been my first job out of school working at Harvard Med School doing statistical analysis on research studies for them.

My partner and I researched a number of cities throughout the nation using info from sites like the bureau of labor statistics (https://www.bls.gov/) to observe population growth, labor force growth, median income, rent affordability, etc.

I don't pay too much attention to housing statistics but I keep hearing that people are leaving California like crazy. 

@Dave Fagundes - latest statistics are that those in Houston that flooded 90% of them didn't have flood coverage (I am guessing) due to them not being required to by their lender. 

Hi My fellow BP members,I am a out of state investor trying to find a decent cash flow SFR in B+ neighborhoods in Montgomery  and one of the turnkey provider has a property in Lynndale 36116.It's at 80k sell price and cash flow looks decent but based on my initial research on the neighbourhood it looks like C class based on median income and employment statistics. 

Statistically somewhere along the lines of 90% won't complete it.

Credit scoring assessment is based on statistical modeling, that is science.