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

New Richmond, WI has a median modeled monthly cash flow of $-1,218 and a median cap rate of 2.8%, on a median sold price of $375,000. Prices changed +2.0% year over year.

What is the average cap rate in New Richmond, WI?

The median cap rate across recently sold homes in New Richmond, WI is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Richmond, WI?

The median sold price in New Richmond, WI is $375,000 (about $201 per square foot).

Investing in New Richmond, WI Real Estate

A data-driven snapshot of the New Richmond, WI 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.

$375,000Median sold price

$201Median $/sqft

2.8%Median cap rate

$-1,218Modeled cash flow / mo

+2.0%Appreciation YoY

6.6Months of supply

184Active listings

333Sold (last 12 mo)

What the New Richmond numbers say

In New Richmond, WI, the median home sold for $375,000 (about $201 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,218 of monthly cash flow. Sold prices moved +2.0% over the past year. Inventory sits at about 6.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Wisconsin markets to compare

See New Richmond cash-flowing listings

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