Richmond, KY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Richmond, KY. Based on 20+ datapoints.
Richmond, KY Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10.8%
Median Cashflow
-$675/mo
Avg Rent Estimate
$1,986/mo
Avg Price
$365,985
Price Range
$184,400 - $600,000
Rent to Price
0.54%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Richmond, KY
Richmond, KY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, 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 20+ analyzed properties, the median monthly cashflow in Richmond, KY is -$675 with average rents of $1,986/month. Properties range from $184,400 to $600,000, offering entry points across multiple investment budgets.
2223 Kentucky River Rd, Richmond, KY 40475
Price
$434,500
Rent
$2,079
CachFlow
-$1,180
CoC
-15.52
Richmond, KY Rental Market Insights
- •Median cashflow is -$675/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Richmond, KY requires selective property picks
- •Mid-to-upper tier market with properties from $184,400 to $600,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs