Richardson, TX Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Richardson, TX. Based on 30+ datapoints.
Richardson, TX Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
3.4%
Avg Cash on Cash
-15.3%
Median Cashflow
-$1,196/mo
Avg Rent Estimate
$2,709/mo
Avg Price
$436,942
Price Range
$290,000 - $704,900
Rent to Price
0.62%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Richardson, TX
Richardson, TX is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 30+ analyzed properties, the median monthly cashflow in Richardson, TX is -$1,196 with average rents of $2,709/month. Properties range from $290,000 to $704,900, offering entry points across multiple investment budgets.
2206 Morning Glory Dr, Richardson, TX 75082
Price
$435,000
Rent
$2,961
CachFlow
-$1,006
CoC
-13.22
Richardson, TX Rental Market Insights
- •Median cashflow is -$1,196/month — careful deal selection is essential here
- •3.4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Richardson, TX requires selective property picks
- •Mid-to-upper tier market with properties from $290,000 to $704,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs