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 10+ datapoints.
Cheyenne, WY Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-6.5%
Median Cashflow
-$572/mo
Avg Rent Estimate
$3,363/mo
Avg Price
$399,470
Price Range
$291,000 - $536,500
Rent to Price
0.84%
okay ratio
Positive Cashflow
10%
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 10+ analyzed properties, Cheyenne, WY STR investments show a median monthly cashflow of -$572 with an average estimated nightly-rate-adjusted revenue of $3,363/month. These figures reflect real property data, not projections.
Cheyenne, WY Airbnb Market Insights
- •Median cashflow is -$572/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Cheyenne, WY requires selective property picks
- •Mid-to-upper tier market with properties from $291,000 to $536,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs