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

Richmond West, FL has a median modeled monthly cash flow of $-1,639 and a median cap rate of 3.4%, on a median sold price of $625,000. Prices changed -3.3% year over year.

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

The median cap rate across recently sold homes in Richmond West, FL is 3.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Richmond West, FL is $625,000 (about $370 per square foot).

Investing in Richmond West, FL Real Estate

A data-driven snapshot of the Richmond West, 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.

$625,000Median sold price

$370Median $/sqft

3.4%Median cap rate

$-1,639Modeled cash flow / mo

-3.3%Appreciation YoY

46.9Months of supply

211Active listings

54Sold (last 12 mo)

What the Richmond West numbers say

In Richmond West, FL, the median home sold for $625,000 (about $370 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,639 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 46.9 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 West cash-flowing listings

CashFlowRE ranks every for-sale home in Richmond West, 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 West deals, or browse the national market data.