Cheyenne, WY Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Cheyenne, WY. Based on 15+ datapoints.
Cheyenne, WY Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.1%
Median Cashflow
-$591/mo
Avg Rent Estimate
$3,422/mo
Avg Price
$423,476
Price Range
$265,000 - $645,000
Rent to Price
0.81%
okay ratio
Positive Cashflow
12%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Cheyenne, WY
Cheyenne, WY is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.8%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Cheyenne, WY STR investments show a median monthly cashflow of -$591 with an average estimated nightly-rate-adjusted revenue of $3,422/month. These figures reflect real property data, not projections.
Cheyenne, WY Airbnb Market Insights
- •Median cashflow is -$591/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 12% positive cashflow rate, Cheyenne, WY requires selective property picks
- •Mid-to-upper tier market with properties from $265,000 to $645,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs