Is Richmond Heights, FL a good place to invest in rental property?

Richmond Heights, FL has a median modeled monthly cash flow of $-1,220 and a median cap rate of 3.6%, on a median sold price of $498,995. Prices changed +12.9% year over year.

What is the average cap rate in Richmond Heights, FL?

The median cap rate across recently sold homes in Richmond Heights, FL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richmond Heights, FL?

The median sold price in Richmond Heights, FL is $498,995 (about $392 per square foot).

Investing in Richmond Heights, FL Real Estate

A data-driven snapshot of the Richmond Heights, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$498,995Median sold price

$392Median $/sqft

3.6%Median cap rate

$-1,220Modeled cash flow / mo

+12.9%Appreciation YoY

28.9Months of supply

82Active listings

34Sold (last 12 mo)

What the Richmond Heights numbers say

In Richmond Heights, FL, the median home sold for $498,995 (about $392 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-1,220 of monthly cash flow. Sold prices moved +12.9% over the past year. Inventory sits at about 28.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Richmond Heights cash-flowing listings

CashFlowRE ranks every for-sale home in Richmond Heights, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Richmond Heights deals, or browse the national market data.