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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 10+ datapoints.

Richmond, IN Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-10.5%

Median Cashflow

-$430/mo

Avg Rent Estimate

$1,624/mo

Avg Price

$284,589

Price Range

$157,900 - $375,000

Rent to Price

0.57%

low ratio

Positive Cashflow

0%

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 10+ properties analyzed, early data shows the market is developing. The median cap rate of 4.3% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in Richmond, IN is -$430 with average rents of $1,624/month. Properties range from $157,900 to $375,000, offering entry points across multiple investment budgets.

3090 Parkwood Dr, Richmond, IN 47374

Price

$630,000

Rent

$1,991

CachFlow

-$2,956

CoC

-26.81

Full Analysis

3207 Dorothy Ln, Richmond, IN 47374

Price

$259,900

Rent

$1,861

CachFlow

-$167

CoC

-3.67

Full Analysis

356 S 31st St, Richmond, IN 47374

Price

$189,900

Rent

$1,501

CachFlow

-$70

CoC

-2.11

Full Analysis

5746 N Round Barn Rd, Richmond, IN 47374

Price

$334,900

Rent

$1,032

CachFlow

-$1,170

CoC

-19.96

Full Analysis

4296 Union Pike, Richmond, IN 47374

Price

$324,900

Rent

$1,804

CachFlow

-$430

CoC

-7.56

Full Analysis
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Richmond, IN Rental Market Insights

  • Median cashflow is -$430/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Richmond, IN requires selective property picks
  • Moderately priced market with properties from $157,900 to $375,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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