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
3.3%
Avg Cash on Cash
-14.7%
Median Cashflow
-$859/mo
Avg Rent Estimate
$2,235/mo
Avg Price
$344,670
Price Range
$219,000 - $510,000
Rent to Price
0.65%
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 3.3%, 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 -$859 with average rents of $2,235/month. Properties range from $219,000 to $510,000, offering entry points across multiple investment budgets.
Richmond, TX Rental Market Insights
- •Median cashflow is -$859/month — careful deal selection is essential here
- •3.3% 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 $219,000 to $510,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs