Richmond, IN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Richmond, IN. Based on 10+ datapoints.
Richmond, IN Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-11%
Median Cashflow
-$431/mo
Avg Rent Estimate
$1,659/mo
Avg Price
$308,567
Price Range
$59,900 - $659,500
Rent to Price
0.54%
low ratio
Positive Cashflow
10%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Richmond, IN
Richmond, IN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, 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 10+ analyzed properties, the median monthly cashflow in Richmond, IN is -$431 with average rents of $1,659/month. Properties range from $59,900 to $659,500, offering entry points across multiple investment budgets.
Richmond, IN Rental Market Insights
- •Median cashflow is -$431/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Richmond, IN requires selective property picks
- •Mid-to-upper tier market with properties from $59,900 to $659,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs