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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

4.6%

Avg Cash on Cash

-9%

Median Cashflow

-$345/mo

Avg Rent Estimate

$1,579/mo

Avg Price

$271,058

Price Range

$129,900 - $499,950

Rent to Price

0.58%

low ratio

Positive Cashflow

8%

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 4.6% 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 -$345 with average rents of $1,579/month. Properties range from $129,900 to $499,950, offering entry points across multiple investment budgets.

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

238 Cartwright Dr, Richmond, IN 47374

Price

$149,900

Rent

$1,428

CachFlow

$93

CoC

3.55

Full Analysis

2620 NW A St, Richmond, IN 47374

Price

$182,700

Rent

$1,117

CachFlow

-$345

CoC

-10.79

Full Analysis

3090 Parkwood Dr, Richmond, IN 47374

Price

$630,000

Rent

$1,991

CachFlow

-$2,956

CoC

-26.81

Full Analysis
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Richmond, IN Rental Market Insights

  • Median cashflow is -$345/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 8% 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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