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REI Lense

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 15+ datapoints.

Richmond, IN Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-9.2%

Median Cashflow

-$388/mo

Avg Rent Estimate

$1,624/mo

Avg Price

$281,916

Price Range

$129,900 - $499,950

Rent to Price

0.58%

low ratio

Positive Cashflow

6%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Richmond, IN

Richmond, IN is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.6% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Richmond, IN is -$388 with average rents of $1,624/month. Properties range from $129,900 to $499,950, offering entry points across multiple investment budgets.

5710 S Us Highway 27, Richmond, IN 47374

Price

$354,900

Rent

$2,038

CachFlow

-$603

CoC

-9.71

Full Analysis

4407 Martin Rd, Richmond, IN 47374

Price

$202,000

Rent

$1,440

CachFlow

-$164

CoC

-4.64

Full Analysis

3818 Test Rd, Richmond, IN 47374

Price

$430,000

Rent

$2,018

CachFlow

-$1,134

CoC

-15.07

Full Analysis

4087 N Us Highway 35, Richmond, IN 47374

Price

$499,950

Rent

$2,257

CachFlow

-$1,200

CoC

-13.72

Full Analysis

325 W Main St, Richmond, IN 47374

Price

$129,900

Rent

$1,067

CachFlow

-$15

CoC

-0.66

Full Analysis
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Richmond, IN Rental Market Insights

  • Median cashflow is -$388/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 6% positive cashflow rate, Richmond, IN requires selective property picks
  • Mid-to-upper tier market with properties from $129,900 to $499,950
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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