Real Estate Investments for Sale in Cheyenne, WY With High ROI

Are you looking for a vacation rental in Cheyenne, WY? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

Explore a variety of short-term homes & houses in Cheyenne, WY. Invest wisely with VRBO & Cheyenne, 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 Cheyenne, WY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5210 WINDMILL RD Cheyenne, WY Charming home with updates throughout. Come see this beautiful 4 bed, 3 bath with fenced y...	4 beds \| 4 baths \| N/A	$379,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 6.48% Airbnb Rental Income: $3489 Traditional Rental Income: $3008 Airbnb ROI: 5.66% Traditional ROI: 6.48%
1112 PATIO DR Cheyenne, WY Carefree Living. No Exterior Maintenance, no mowing the lawn or shoveling snow. This con...	3 beds \| 3 baths \| N/A	$320,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 4.66% Airbnb Rental Income: $2430 Traditional Rental Income: $2028 Airbnb ROI: 4.02% Traditional ROI: 4.66%
5733 SYCAMORE RD Cheyenne, WY A stunning condo with a range of attractive features. The combination of granite counters,...	4 beds \| 4 baths \| N/A	$325,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 7.55% Airbnb Rental Income: $3489 Traditional Rental Income: $2942 Airbnb ROI: 6.82% Traditional ROI: 7.55%
5308 WINDMILL RD Cheyenne, WY Welcome to this charming ranch-style brick home nestled in the peaceful Buffalo Ridge neig...	4 beds \| 2 baths \| N/A	$318,000	Airbnb cash on cash: 7.23% Traditional cash on cash: 4.26% Airbnb Rental Income: $3489 Traditional Rental Income: $1830 Airbnb ROI: 7.23% Traditional ROI: 4.26%
1018 E 23RD ST Cheyenne, WY So much opportunity in this home. There is a separate entrance basement apartment. You can...	3 beds \| 2 baths \| N/A	$264,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 2.83% Airbnb Rental Income: $2430 Traditional Rental Income: $1219 Airbnb ROI: 5.29% Traditional ROI: 2.83%
520 COTTONWOOD DR Cheyenne, WY Welcome to your dream home nestled in the serene Sun Valley subdivision. Upon entering, y...	3 beds \| 2 baths \| N/A	$355,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 3.28% Airbnb Rental Income: $2430 Traditional Rental Income: $1722 Airbnb ROI: 3.62% Traditional ROI: 3.28%
2213 E 12TH ST Cheyenne, WY Charming home in the Lake Minnehaha subdivision. Close to restaurants, schools, and entert...	3 beds \| 1 baths \| N/A	$275,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 2.56% Airbnb Rental Income: $2430 Traditional Rental Income: $1157 Airbnb ROI: 5.18% Traditional ROI: 2.56%
612 APRICOT ST Cheyenne, WY Put an end to your house hunting! Schedule an appointment to see 612 Apricot today! Locate...	3 beds \| 2 baths \| N/A	$373,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.56% Airbnb Rental Income: $2430 Traditional Rental Income: $1912 Airbnb ROI: 3.34% Traditional ROI: 3.56%
1008 O NEIL AVE Cheyenne, WY What a fantastic opportunity! This two-dwelling property checks a lot of boxes. Occupants ...	N/A beds \| 2 baths \| 1,500 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $1377 Airbnb ROI: N/A Traditional ROI: 3.61%
5520 KLIPSTEIN RD Cheyenne, WY Little House on the prairie! 2 bedroom 1.5 bath home on 15 acres! There is a detached 2 ca...	2 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 3.76% Airbnb Rental Income: $1565 Traditional Rental Income: $1359 Airbnb ROI: 2.72% Traditional ROI: 3.76%
1111 ROSEBUD RD Cheyenne, WY Move in ready ranch style home in well established Cole Subdivision. This brick home sits ...	4 beds \| 2 baths \| N/A	$405,000	Airbnb cash on cash: 5.3% Traditional cash on cash: 2.96% Airbnb Rental Income: $3489 Traditional Rental Income: $1832 Airbnb ROI: 5.3% Traditional ROI: 2.96%
516 E 6TH ST Cheyenne, WY 10% CAP RATE on this beautiful, completely remodeled, 3-Plex! Opportunities are endless on...	N/A beds \| 3 baths \| N/A	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $1746 Airbnb ROI: N/A Traditional ROI: 2.36%
161 RIO VERDE CIR Cheyenne, WY Welcome to 161 Rio Verde Circle, a charming tri-level home nestled on a spacious corner lo...	4 beds \| 4 baths \| N/A	$315,000	Airbnb cash on cash: 7.42% Traditional cash on cash: 8.31% Airbnb Rental Income: $3489 Traditional Rental Income: $2983 Airbnb ROI: 7.42% Traditional ROI: 8.31%
609 E 19TH ST Cheyenne, WY This completely updated and impressive home is truly within walking distance of the hospit...	3 beds \| 2 baths \| N/A	$419,500	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.68% Airbnb Rental Income: $2430 Traditional Rental Income: $2085 Airbnb ROI: 3.05% Traditional ROI: 3.68%
4012 E 13TH ST Cheyenne, WY Welcome to this exceptional 5-bedroom, 2-bathroom Grandview subdivision home that has unde...	5 beds \| 2 baths \| N/A	$340,000	Airbnb cash on cash: 5.51% Traditional cash on cash: 4.6% Airbnb Rental Income: $2989 Traditional Rental Income: $2014 Airbnb ROI: 5.51% Traditional ROI: 4.6%
3212 BASIN ST Cheyenne, WY Great location, updated and move-in ready. This home features all one level living! 3 bedr...	3 beds \| 1 baths \| N/A	$295,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 3.01% Airbnb Rental Income: $2430 Traditional Rental Income: $1324 Airbnb ROI: 4.85% Traditional ROI: 3.01%
122 W PROSSER RD Cheyenne, WY One level living, Upgraded throughout. Over 3000 sq feet on one level. This can be your...	4 beds \| 2 baths \| N/A	$600,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 1.64% Airbnb Rental Income: $3489 Traditional Rental Income: $1783 Airbnb ROI: 3.31% Traditional ROI: 1.64%
5255 FISHING BRIDGE Cheyenne, WY The definition of "Lowest Priced Home in the Best Neighborhood"! Come look at this gem und...	1 beds \| 1 baths \| N/A	$199,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 2.81% Airbnb Rental Income: $1249 Traditional Rental Income: $885 Airbnb ROI: 2.64% Traditional ROI: 2.81%
146 RIO VERDE CIR Cheyenne, WY Don't miss this opportunity for either an investment property. Home has been completely re...	4 beds \| 2 baths \| N/A	$336,900	Airbnb cash on cash: 6.8% Traditional cash on cash: 3.67% Airbnb Rental Income: $3489 Traditional Rental Income: $1728 Airbnb ROI: 6.8% Traditional ROI: 3.67%
3709 HOUSE AVE Cheyenne, WY This Avenues home features 5 bedrooms and 3 bathrooms. On the main level is beautiful hard...	5 beds \| 3 baths \| N/A	$390,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 4.87% Airbnb Rental Income: $2989 Traditional Rental Income: $2489 Airbnb ROI: 4.35% Traditional ROI: 4.87%
614 W 2ND ST Cheyenne, WY This ready to move in Townhouse features 3 bedrooms, 3 baths with an open floor plan and v...	3 beds \| 3 baths \| N/A	$275,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 5.3% Airbnb Rental Income: $2430 Traditional Rental Income: $1877 Airbnb ROI: 5.14% Traditional ROI: 5.3%
1010 E 19TH ST Cheyenne, WY YOU WILL LOVE THIS LOCATION! Check out 1010 E 19th St conveniently location in downtown Ch...	4 beds \| 3 baths \| N/A	$329,900	Airbnb cash on cash: 6.86% Traditional cash on cash: 5.39% Airbnb Rental Income: $3489 Traditional Rental Income: $2262 Airbnb ROI: 6.86% Traditional ROI: 5.39%
6034 OSAGE AVE Cheyenne, WY Beautiful remodel - new sink, quartz counter, appliances, lighting, paint, flooring, carpe...	2 beds \| 2 baths \| N/A	$285,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.1% Airbnb Rental Income: $1565 Traditional Rental Income: $1588 Airbnb ROI: 2.34% Traditional ROI: 4.1%
3608 RED FEATHER TR Cheyenne, WY Screaming Deal alert! The County Assessor has the value at $581,630 and similar homes have...	4 beds \| 3 baths \| N/A	$545,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 3.04% Airbnb Rental Income: $3489 Traditional Rental Income: $2468 Airbnb ROI: 3.53% Traditional ROI: 3.04%
6909 Foxglove Dr Cheyenne, WY Majestic views! Immaculate home, close in town/rural ranchette on 2.3 acres with so many u...	5 beds \| 4 baths \| 4,158 sq.ft.	$789,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 2.82% Airbnb Rental Income: $2989 Traditional Rental Income: $3300 Airbnb ROI: 1.46% Traditional ROI: 2.82%
844 SHADOW MTN TRL Cheyenne, WY Welcome Home! Boasting five bedrooms, three bathrooms and an oversized three car garage t...	5 beds \| 3 baths \| N/A	$639,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.73% Airbnb Rental Income: $2989 Traditional Rental Income: $2682 Airbnb ROI: 2.09% Traditional ROI: 2.73%
312 MURRAY RD #A & B Cheyenne, WY Great investment opportunity. Front unit is vacant. Back has long term tenant who would li...	N/A beds \| 2 baths \| N/A	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $1338 Airbnb ROI: N/A Traditional ROI: 2.87%
7457 THREE HEARTS TR Cheyenne, WY NEW PRICEBeautiful, spacious like-new townhome that is an end unit. Upgraded finishes ...	4 beds \| 4 baths \| N/A	$430,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.44% Airbnb Rental Income: $3489 Traditional Rental Income: $2950 Airbnb ROI: 4.86% Traditional ROI: 5.44%
7132 MANHATTAN LN Cheyenne, WY North Location, quite street close to schools and parks, don't miss this one. Lots of upd...	5 beds \| 2 baths \| N/A	$335,900	Airbnb cash on cash: 5.56% Traditional cash on cash: 4.73% Airbnb Rental Income: $2989 Traditional Rental Income: $2040 Airbnb ROI: 5.56% Traditional ROI: 4.73%
709 E 23RD ST Cheyenne, WY The possibilities with this property are endless! Over 1,500sf of heated shop space and ov...	N/A beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $920 Airbnb ROI: N/A Traditional ROI: 2.12%
2415 Wildhorse Trail Cheyenne, WY The Wildhorse Trail Estate presents an excellent opportunity to have an impressive custom-...	5 beds \| 5 baths \| 6,496 sq.ft.	$1,290,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.84% Airbnb Rental Income: $2989 Traditional Rental Income: $4225 Airbnb ROI: 0.24% Traditional ROI: 1.84%
2716 E 9TH ST Cheyenne, WY This property is back on the market at no fault of the Seller! Are you looking for a proje...	3 beds \| 2 baths \| N/A	$233,900	Airbnb cash on cash: 6.22% Traditional cash on cash: 5.87% Airbnb Rental Income: $2430 Traditional Rental Income: $1758 Airbnb ROI: 6.22% Traditional ROI: 5.87%
tbd CARMEL DR Cheyenne, WY New construction	5 beds \| 4 baths \| N/A	$730,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 3.01% Airbnb Rental Income: $2989 Traditional Rental Income: $3270 Airbnb ROI: 1.59% Traditional ROI: 3.01%
814 SUNRIDGE DR Cheyenne, WY Your dream kitchen awaits at this 4 bedroom 2 bath home! With custom tile work through out...	4 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 7.06% Traditional cash on cash: 4.24% Airbnb Rental Income: $3489 Traditional Rental Income: $1859 Airbnb ROI: 7.06% Traditional ROI: 4.24%
3222 LOCUST DR Cheyenne, WY All brick 5 bedroom, 2 bathroom home. Fireplace on each level for winter comfort. Kitche...	5 beds \| 2 baths \| N/A	$344,950	Airbnb cash on cash: 5.21% Traditional cash on cash: 4.46% Airbnb Rental Income: $2989 Traditional Rental Income: $2058 Airbnb ROI: 5.21% Traditional ROI: 4.46%
100 CLOVER CT Cheyenne, WY Great starter home; renovated kitchen, Cozy wood burning fireplace for those cold winter n...	2 beds \| 2 baths \| N/A	$230,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 4.55% Airbnb Rental Income: $1565 Traditional Rental Income: $1442 Airbnb ROI: 3.05% Traditional ROI: 4.55%
512 E 25TH ST Cheyenne, WY Historic Home, Paul A. Smith Manor, in the Lakeview Historic District! Amazingly updated 4...	4 beds \| 4 baths \| N/A	$520,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 4.86% Airbnb Rental Income: $3489 Traditional Rental Income: $2961 Airbnb ROI: 4.36% Traditional ROI: 4.86%
706 E 20TH ST Cheyenne, WY Discover the perfect blend of history and modern comfort in this well-positioned 5-bedroom...	5 beds \| 2 baths \| N/A	$372,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 3.95% Airbnb Rental Income: $2989 Traditional Rental Income: $2031 Airbnb ROI: 4.72% Traditional ROI: 3.95%
2722 CENTRAL AVE Cheyenne, WY This stunning two-story Craftsman style home looks so good that it demands attention from ...	4 beds \| 2 baths \| N/A	$599,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 1.33% Airbnb Rental Income: $3489 Traditional Rental Income: $1735 Airbnb ROI: 3.09% Traditional ROI: 1.33%
5400 IMPERIAL CT Cheyenne, WY Welcome to an outstanding investment opportunity near the heart of Cheyenne! Presenting a ...	N/A beds \| 4 baths \| N/A	$665,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $2446 Airbnb ROI: N/A Traditional ROI: 2.48%

Real Estate investment in Cheyenne, WY

There are 101 properties for sale in the city of Cheyenne . The median list price in Cheyenne is $355,000 and the average price per square foot is $91. In April 2024, the average monthly cash on cash return in Cheyenne is 4.00%. The average monthly rental income in Cheyenne is $1,852.

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

There are 101 investment properties available for sale in Cheyenne.

In 2024, the best neighborhood to buy investment property is Cheyenne.

The ROI for Short-Term is higher than the Long-Term in Cheyenne with average rental income of $2,989.

Your search for investment property begins and ends here

Investment Property for Sale in Cheyenne, WY

5210 WINDMILL RD

Cheyenne, WY

4 beds | 4 baths | N/A

$379,000

Airbnb cash on cash: 5.66%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $3489

Traditional Rental Income: $3008

Airbnb ROI: 5.66%

Traditional ROI: 6.48%

1112 PATIO DR

Cheyenne, WY

3 beds | 3 baths | N/A

$320,000

Airbnb cash on cash: 4.02%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $2430

Traditional Rental Income: $2028

Airbnb ROI: 4.02%

Traditional ROI: 4.66%

5733 SYCAMORE RD

Cheyenne, WY

4 beds | 4 baths | N/A

$325,000

Airbnb cash on cash: 6.82%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $3489

Traditional Rental Income: $2942

Airbnb ROI: 6.82%

Traditional ROI: 7.55%

5308 WINDMILL RD

Cheyenne, WY

4 beds | 2 baths | N/A

$318,000

Airbnb cash on cash: 7.23%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $3489

Traditional Rental Income: $1830

Airbnb ROI: 7.23%

Traditional ROI: 4.26%

1018 E 23RD ST

Cheyenne, WY

3 beds | 2 baths | N/A

$264,900

Airbnb cash on cash: 5.29%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $2430

Traditional Rental Income: $1219

Airbnb ROI: 5.29%

Traditional ROI: 2.83%

520 COTTONWOOD DR

Cheyenne, WY

3 beds | 2 baths | N/A

$355,000

Airbnb cash on cash: 3.62%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $2430

Traditional Rental Income: $1722

Airbnb ROI: 3.62%

Traditional ROI: 3.28%

2213 E 12TH ST

Cheyenne, WY

3 beds | 1 baths | N/A

$275,000

Airbnb cash on cash: 5.18%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $2430

Traditional Rental Income: $1157

Airbnb ROI: 5.18%

Traditional ROI: 2.56%

612 APRICOT ST

Cheyenne, WY

3 beds | 2 baths | N/A

$373,000

Airbnb cash on cash: 3.34%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2430

Traditional Rental Income: $1912

Airbnb ROI: 3.34%