Real Estate Investment Properties for Sale in Cheyenne, WY

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
224 DILLON AVE Cheyenne, WY Discover the perfect blend of modern comfort and convenience in this beautiful home! With ...	4 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2486 Airbnb ROI: N/A Traditional ROI: 6.38%
4205 E 14th St Cheyenne, WY Welcome to this comfortable and spacious home located on 13,688 square feet corner lot. Th...	3 beds \| 1 baths \| 1,036 sq.ft.	$299,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 1.94% Airbnb Rental Income: $1682 Traditional Rental Income: $1093 Airbnb ROI: 2.36% Traditional ROI: 1.94%
913 CLEVELAND AVE Cheyenne, WY Welcome to this charming 4-bedroom, 2-bathroom home nestled in the desirable Sun Valley su...	4 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $2269 Airbnb ROI: N/A Traditional ROI: 5.74%
2715 CAPITOL AVE Cheyenne, WY This historic 1916 bungalow, is just down the street from the capitol. This home has been ...	4 beds \| 2 baths \| N/A	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 3.69%
3219 DEAN PAUL DR Cheyenne, WY Enjoy affordable living with this cozy 3-bedroom, 2-bath townhouse. This home features tw...	3 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 7.21% Airbnb Rental Income: $1682 Traditional Rental Income: $1935 Airbnb ROI: 3.82% Traditional ROI: 7.21%
3724 GUNSMOKE RD Cheyenne, WY This home has an assumable VA loan with a 2.9% interest rate! Welcome to this stunning tow...	3 beds \| 4 baths \| N/A	$372,500	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.06% Airbnb Rental Income: $1682 Traditional Rental Income: $2773 Airbnb ROI: 1.6% Traditional ROI: 6.06%
5851 CALUMET DR Cheyenne, WY Located on as spacious fenced corner lot this charming home in Dakota Crossing has been me...	4 beds \| 4 baths \| N/A	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $3409 Airbnb ROI: N/A Traditional ROI: 4.82%
711 W 31ST ST Cheyenne, WY This cozy, fully renovated two-bedroom, one-bathroom home in the heart of downtown Cheyenn...	2 beds \| 1 baths \| N/A	$255,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.39% Airbnb Rental Income: $1115 Traditional Rental Income: $985 Airbnb ROI: 1.37% Traditional ROI: 2.39%
525 W 5TH ST Cheyenne, WY Opportunity awaits....With the population boom that is expected to hit Cheyenne this summe...	N/A beds \| 4 baths \| N/A	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 2.8%
953 Hillcrest Road Cheyenne, WY A beautiful charming all-brick, maintenance-free exterior ranch home on a large corner lot...	3 beds \| 2 baths \| 986 sq.ft.	$360,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 2.19% Airbnb Rental Income: $1682 Traditional Rental Income: $1353 Airbnb ROI: 1.78% Traditional ROI: 2.19%
3935 MCCOMB AVE Cheyenne, WY A blend of timeless charm and modern updates in this beautifully maintained one owner home...	3 beds \| 3 baths \| N/A	$469,500	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.61% Airbnb Rental Income: $1682 Traditional Rental Income: $2386 Airbnb ROI: 0.94% Traditional ROI: 3.61%
2411 E 12TH ST Cheyenne, WY This cute little bungalow features 2 bedrooms on the main level and a great primary ensuit...	3 beds \| 2 baths \| N/A	$299,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.81% Airbnb Rental Income: $1682 Traditional Rental Income: $1549 Airbnb ROI: 2.61% Traditional ROI: 3.81%
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.	$1,249,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.21% Airbnb Rental Income: $2691 Traditional Rental Income: $4525 Airbnb ROI: 0.08% Traditional ROI: 2.21%
512 E 25TH ST Cheyenne, WY Introducing the historic Paul A. Smith Manor.Â This beautifully renovated house is a perf...	4 beds \| 8 baths \| N/A	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.79% Airbnb Rental Income: $null Traditional Rental Income: $5334 Airbnb ROI: N/A Traditional ROI: 9.79%
2404 E 15TH ST Cheyenne, WY This townhome is mostly everything new. The kitchen is updated. The wood floors on the mai...	3 beds \| 3 baths \| N/A	$315,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.64% Airbnb Rental Income: $1682 Traditional Rental Income: $1967 Airbnb ROI: 2.1% Traditional ROI: 4.64%
3941 MCCOMB AVE Cheyenne, WY Legal: Capital Heights Addition, replat of blocks 1002,1005,1006,1007 and 1009 excepting ...	4 beds \| 2 baths \| N/A	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2104 Airbnb ROI: N/A Traditional ROI: 5.09%
3016 THOMES AVE Cheyenne, WY Back on the market at an incredible price!!! Welcome to your dream home in the heart of th...	4 beds \| 2 baths \| N/A	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 4.22%
828 CREIGHTON ST Cheyenne, WY Located in the desirable Western Hills Sub-division, this home has gone through may upgrad...	4 beds \| 3 baths \| N/A	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $2921 Airbnb ROI: N/A Traditional ROI: 5.25%
1014 E 25TH ST #205 Cheyenne, WY Well maintained 2-bedroom condo in the Four Seasons Complex. This unit has had the windows...	2 beds \| 1 baths \| N/A	$175,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.1% Airbnb Rental Income: $1115 Traditional Rental Income: $859 Airbnb ROI: 2.38% Traditional ROI: 3.1%
4807 SUNSET MOUNTAIN RD Cheyenne, WY Introducing a luxurious new construction that epitomizes elegance and sophistication, perf...	4 beds \| 3 baths \| N/A	$795,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $2995 Airbnb ROI: N/A Traditional ROI: 2.31%
853 MELTON ST Cheyenne, WY Welcome to this cozy older home with so much potential and custom charm! This spacious pr...	5 beds \| 2 baths \| N/A	$385,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 5.05% Airbnb Rental Income: $2691 Traditional Rental Income: $2539 Airbnb ROI: 3.7% Traditional ROI: 5.05%
705 CREIGHTON ST Cheyenne, WY PRICE REDUCTION! ASSUMABLE MORTGAGE AT 3%. CALL YOUR FAVORITE REALTOR OR CALL US FOR DETA...	5 beds \| 3 baths \| N/A	$450,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 5.4% Airbnb Rental Income: $2691 Traditional Rental Income: $3045 Airbnb ROI: 3.05% Traditional ROI: 5.4%
114 BROOKFIELD CT #2 Cheyenne, WY Discover a unique retreat in this Loft style condo. The avant-garde space defies conventio...	1 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $1201 Airbnb ROI: N/A Traditional ROI: 3.76%
930 CENTENNIAL DR Cheyenne, WY Come take a look at this large ranch style, open concept home with two living rooms on the...	4 beds \| 2 baths \| N/A	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2229 Airbnb ROI: N/A Traditional ROI: 3.82%
5230 POINT BLUFF Cheyenne, WY Discover your next home at 5230 Point Bluff, Cheyenne, WY - a thoughtfully maintained prop...	4 beds \| 2 baths \| N/A	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2587 Airbnb ROI: N/A Traditional ROI: 5.82%

Real Estate investment in Cheyenne, WY

There are 98 properties for sale in the city of Cheyenne . The median list price in Cheyenne is $329,000 and the average price per square foot is $136. In December 2024, the average monthly cash on cash return in Cheyenne is 5.00%. The average monthly rental income in Cheyenne is $2,197.

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

There are 98 investment properties available for sale in Cheyenne.

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

The ROI for Long-Term is higher than the Short-Term in Cheyenne with average rental income of $2,197.

Your search for investment property begins and ends here

Investment Property for Sale in Cheyenne, WY

224 DILLON AVE

Cheyenne, WY

4 beds | 2 baths | N/A

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2486

Airbnb ROI: N/A

Traditional ROI: 6.38%

4205 E 14th St

Cheyenne, WY

3 beds | 1 baths | 1,036 sq.ft.

$299,900

Airbnb cash on cash: 2.36%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $1682

Traditional Rental Income: $1093

Airbnb ROI: 2.36%

Traditional ROI: 1.94%

913 CLEVELAND AVE

Cheyenne, WY

4 beds | 2 baths | N/A

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2269

Airbnb ROI: N/A

Traditional ROI: 5.74%

2715 CAPITOL AVE

Cheyenne, WY

4 beds | 2 baths | N/A

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2053

Airbnb ROI: N/A

Traditional ROI: 3.69%

3219 DEAN PAUL DR

Cheyenne, WY

3 beds | 2 baths | N/A

$225,000

Airbnb cash on cash: 3.82%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $1682

Traditional Rental Income: $1935

Airbnb ROI: 3.82%

Traditional ROI: 7.21%

3724 GUNSMOKE RD

Cheyenne, WY

3 beds | 4 baths | N/A

$372,500

Airbnb cash on cash: 1.6%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $1682

Traditional Rental Income: $2773

Airbnb ROI: 1.6%

Traditional ROI: 6.06%

5851 CALUMET DR

Cheyenne, WY

4 beds | 4 baths | N/A

$559,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.82%

Airbnb Rental Income: $null

Traditional Rental Income: $3409

Airbnb ROI: N/A

Traditional ROI: 4.82%

711 W 31ST ST

Cheyenne, WY

2 beds | 1 baths | N/A

$255,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $1115

Traditional Rental Income: $985

Airbnb ROI: 1.37%