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

Richmond, MO has a median modeled monthly cash flow of $-476 and a median cap rate of 3.7%, on a median sold price of $225,000. Prices changed +11.1% year over year.

What is the average cap rate in Richmond, MO?

The median cap rate across recently sold homes in Richmond, MO is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richmond, MO?

The median sold price in Richmond, MO is $225,000 (about $150 per square foot).

Investing in Richmond, MO Real Estate

A data-driven snapshot of the Richmond, MO 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.

$225,000Median sold price

$150Median $/sqft

3.7%Median cap rate

$-476Modeled cash flow / mo

+11.1%Appreciation YoY

7.7Months of supply

80Active listings

125Sold (last 12 mo)

What the Richmond numbers say

In Richmond, MO, the median home sold for $225,000 (about $150 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-476 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 7.7 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 Missouri markets to compare

See Richmond cash-flowing listings

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