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 40+ datapoints.
Richmond, TX Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-15.5%
Median Cashflow
-$768/mo
Avg Rent Estimate
$2,264/mo
Avg Price
$335,436
Price Range
$200K – $600K
approximate
Rent to Price
0.67%
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 3.6%, 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 40+ analyzed properties, the median monthly cashflow in Richmond, TX is -$768 with average rents of $2,264/month. Properties are priced about $200,000 to $600,000, offering entry points across multiple investment budgets.
11410 Cypress Elm Ct, Richmond, TX 77406
Price
$301,700
Rent
$2,290
CachFlow
-$1,012
CoC
-19.17
Richmond, TX Rental Market Insights
- Median cashflow is -$768/month — careful deal selection is essential here
- 3.6% 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 priced about $200,000 to $600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs