Sheridan, WY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Sheridan, WY. Based on 10+ datapoints.
Sheridan, WY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-13.5%
Median Cashflow
-$1,268/mo
Avg Rent Estimate
$2,558/mo
Avg Price
$545,720
Price Range
$250K – $1.1M
approximate
Rent to Price
0.47%
low ratio
Positive Cashflow
10%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Sheridan, WY
Sheridan, 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 10+ analyzed properties, the median monthly cashflow in Sheridan, WY is -$1,268 with average rents of $2,558/month. Properties are priced about $250,000 to $1,100,000, offering entry points across multiple investment budgets.
Sheridan, WY Rental Market Insights
- Median cashflow is -$1,268/month — careful deal selection is essential here
- 3.7% median cap rate is typical of appreciation-focused markets
- At 10% positive cashflow rate, Sheridan, WY requires selective property picks
- Premium market with properties priced about $250,000 to $1,100,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs