Cheyenne, WY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Cheyenne, WY. Based on 15+ datapoints.
Cheyenne, WY Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-11%
Median Cashflow
-$838/mo
Avg Rent Estimate
$2,347/mo
Avg Price
$486,693
Price Range
$291,000 - $768,500
Rent to Price
0.48%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Cheyenne, WY
Cheyenne, WY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in Cheyenne, WY is -$838 with average rents of $2,347/month. Properties range from $291,000 to $768,500, offering entry points across multiple investment budgets.
Cheyenne, WY Rental Market Insights
- •Median cashflow is -$838/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Cheyenne, WY requires selective property picks
- •Premium market with properties from $291,000 to $768,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs