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
-15.6%
Median Cashflow
-$934/mo
Avg Rent Estimate
$2,286/mo
Avg Price
$362,648
Price Range
$218,000 - $581,000
Rent to Price
0.63%
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 -$934 with average rents of $2,286/month. Properties range from $218,000 to $581,000, offering entry points across multiple investment budgets.
7318 Audubon Russet Dr, Richmond, TX 77469
Price
$325,000
Rent
$2,053
CachFlow
-$1,005
CoC
-17.67
Richmond, TX Rental Market Insights
- •Median cashflow is -$934/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 $581,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs