Real Estate Investment Properties for Sale in Carpenter, WY

Looking for investment property in Carpenter, WY with high ROI ?

Explore a variety of short-term homes & houses in Carpenter, WY. Invest wisely with VRBO & Carpenter, WY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Carpenter, WY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
755 Patches Carpenter, WY Quiet, cozy, country living located 30 min east of downtown Cheyenne. Wide open Wyoming sk...	3 beds \| 2 baths \| 2,112 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $2037 Airbnb ROI: N/A Traditional ROI: 1.48%
450 St Hwy 214 Carpenter, WY Charming 1.5-story farmhouse on 4.28 acres featuring a covered front porch, remodeled kitc...	4 beds \| 1 baths \| 2,034 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $1324 Airbnb ROI: N/A Traditional ROI: 3.16%
4705 Road 206 Carpenter, WY	5 beds \| 3 baths \| 3,526 sq.ft.	$830,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.71% Airbnb Rental Income: $null Traditional Rental Income: $1883 Airbnb ROI: N/A Traditional ROI: 0.71%
304 Conroy Ct Carpenter, WY	2 beds \| 2 baths \| 2,400 sq.ft.	$480,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.12% Airbnb Rental Income: $1637 Traditional Rental Income: $2216 Airbnb ROI: 0.8% Traditional ROI: 3.12%
Tract 4 Road 203 Carpenter, WY	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $637 Airbnb ROI: N/A Traditional ROI: 2.06%
TBD Road 201 Carpenter, WY	N/A beds \| N/A baths \| N/A	$82,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $637 Airbnb ROI: N/A Traditional ROI: 5.14%
TBD Buggy Rd Carpenter, WY	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $637 Airbnb ROI: N/A Traditional ROI: 1.65%
TBD Road 151 Carpenter, WY	3 beds \| 2 baths \| 1,536 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $1982 Airbnb ROI: N/A Traditional ROI: 3.14%
322 Conroy Ct Carpenter, WY	3 beds \| 2 baths \| 2,880 sq.ft.	$560,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 2.31%
TBD Road 143 Carpenter, WY	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.21% Airbnb Rental Income: $null Traditional Rental Income: $683 Airbnb ROI: N/A Traditional ROI: -0.21%
T4 Wheatcrest Rd Carpenter, WY	5 beds \| 3 baths \| 2,888 sq.ft.	$670,000	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 3%
TBD Teepee Rd Carpenter, WY	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $683 Airbnb ROI: N/A Traditional ROI: 1.93%

Real Estate investment in Carpenter, WY

There are 12 properties for sale in the city of Carpenter . The median list price in Carpenter is $425,000 and the average price per square foot is $166. In May 2026, the average monthly cash on cash return in Carpenter is 2.00%. The average monthly rental income in Carpenter is $1,604.

Carpenter, WY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 12 investment properties available for sale in Carpenter.

In 2026, the best neighborhood to buy investment property is Carpenter.

The ROI for Long-Term is higher than the Short-Term in Carpenter with average rental income of $1,604.

Your search for investment property begins and ends here

Investment Property for Sale in Carpenter, WY

755 Patches

Carpenter, WY

3 beds | 2 baths | 2,112 sq.ft.

$675,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2037

Airbnb ROI: N/A

Traditional ROI: 1.48%

450 St Hwy 214

Carpenter, WY

4 beds | 1 baths | 2,034 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1324

Airbnb ROI: N/A

Traditional ROI: 3.16%

4705 Road 206

Carpenter, WY

5 beds | 3 baths | 3,526 sq.ft.

$830,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1883

Airbnb ROI: N/A

Traditional ROI: 0.71%

304 Conroy Ct

Carpenter, WY

2 beds | 2 baths | 2,400 sq.ft.

$480,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1637

Traditional Rental Income: $2216

Airbnb ROI: 0.8%

Traditional ROI: 3.12%

Tract 4 Road 203

Carpenter, WY

N/A beds | N/A baths | N/A

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.06%

Airbnb Rental Income: $null

Traditional Rental Income: $637

Airbnb ROI: N/A

Traditional ROI: 2.06%

TBD Road 201

Carpenter, WY

N/A beds | N/A baths | N/A

$82,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.14%

Airbnb Rental Income: $null

Traditional Rental Income: $637

Airbnb ROI: N/A

Traditional ROI: 5.14%

TBD Buggy Rd

Carpenter, WY

N/A beds | N/A baths | N/A

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.65%

Airbnb Rental Income: $null

Traditional Rental Income: $637

Airbnb ROI: N/A

Traditional ROI: 1.65%

TBD Road 151

Carpenter, WY

3 beds | 2 baths | 1,536 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1982

Airbnb ROI: N/A