Richmond, TX Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Richmond, TX. Based on 50+ datapoints.
Richmond, TX Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
3.2%
Avg Cash on Cash
-15.5%
Median Cashflow
-$922/mo
Avg Rent Estimate
$2,295/mo
Avg Price
$369,215
Price Range
$218,000 - $660,900
Rent to Price
0.62%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Richmond, TX
Richmond, TX is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.2%, 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 50+ analyzed properties, the median monthly cashflow in Richmond, TX is -$922 with average rents of $2,295/month. Properties range from $218,000 to $660,900, offering entry points across multiple investment budgets.
7006 Tara Blue Ridge Dr, Richmond, TX 77469
Price
$249,000
Rent
$1,892
CachFlow
-$423
CoC
-9.71
20211 Peralta Cliff Trl, Richmond, TX 77407
Price
$350,000
Rent
$2,241
CachFlow
-$985
CoC
-16.08
7230 Highland Chase Dr, Richmond, TX 77407
Price
$325,000
Rent
$2,239
CachFlow
-$902
CoC
-15.86
Richmond, TX Rental Market Insights
- •Median cashflow is -$922/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Richmond, TX requires selective property picks
- •Mid-to-upper tier market with properties from $218,000 to $660,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs