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
-15.4%
Median Cashflow
-$888/mo
Avg Rent Estimate
$2,309/mo
Avg Price
$359,141
Price Range
$207,300 - $581,000
Rent to Price
0.64%
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 -$888 with average rents of $2,309/month. Properties range from $207,300 to $581,000, offering entry points across multiple investment budgets.
6834 Rambling Brook Ln, Richmond, TX 77469
Price
$207,300
Rent
$1,719
CachFlow
-$436
CoC
-12.02
21126 Amber Crossing Dr, Richmond, TX 77406
Price
$289,900
Rent
$2,263
CachFlow
-$541
CoC
-10.66
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 -$888/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 $207,300 to $581,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs