Wyoming
Wyoming is often overlooked as a real estate investment market, but its steady population growth and affordable property values provide excellent opportunities. SFR investors can capitalize on short-term rentals in popular destinations like Jackson Hole and Thermopolis, while long-term rentals thrive in cities like Cheyenne, Gillette and Laramie.
Outdoor enthusiasts are attracted to Jackson Hole and Thermopolis for their stunning mountain ranges and ample outdoor activities. AirDNA gives Jackson Hole an overall 69 out of 100 market score but provides it with a 98 out of 100 for revenue growth1. Their data shows that the average annual revenue for STRs in this market is $119,200, surging 35% YoY.
Cheyenne is one of the best markets in Wyoming for an LTR strategy. With a median home price of $360,000 (up 2.1% YoY)2 and rising rents (up 34% YoY)3, it has quickly become a warm market for SFR investors seeking steady cash flow.
Visio Lending is Wyoming’s premier DSCR lender, requiring an MSA or approved exception. We offer flexible financing solutions to help investors scale their rental portfolios in this growing market.
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