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
4.2%
Avg Cash on Cash
-10.1%
Median Cashflow
-$686/mo
Avg Rent Estimate
$1,946/mo
Avg Price
$364,011
Price Range
$184,400 - $530,900
Rent to Price
0.53%
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 4.2%, 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 -$686 with average rents of $1,946/month. Properties range from $184,400 to $530,900, offering entry points across multiple investment budgets.
136 General Cleburne Dr, Richmond, KY 40475
Price
$429,000
Rent
$2,391
CachFlow
-$851
CoC
-11.34
Richmond, KY Rental Market Insights
- •Median cashflow is -$686/month — careful deal selection is essential here
- •4.2% 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 $530,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs