Under $500K Investment Properties for Sale in Cody, WY
344- 2 Bed
- 1 Bath
- 1120 sft
1034- 3 Bed
- 2 Bath
- 1232 sft
195- - Bed
- - Bath
- 2700 sft
84- 4 Bed
- 2 Bath
- 2258 sft
Why Invest in Cody, Wyoming?
Cody, WY offers strong investment potential in properties under $500k, with access to affordable single-family homes and land parcels ideal for rental income. The area's proximity to Yellowstone National Park drives seasonal demand, supporting steady cash flow. Average rents around $1,900 combined with moderate appreciation make it attractive for long-term holds. Cap rates hover in the 6-8% range, bolstered by low vacancy and growing tourism. Investor-friendly market with properties averaging $260/sqft provide entry points for portfolio diversification.
Frequently Asked Questions
Primarily single-family homes (2-4 beds, 900-2,000 sqft) and vacant land parcels from 1-5 acres. Many offer mountain views and proximity to amenities. Investors favor them for rentals due to tourism demand.
Find Your Perfect Investment Property in Cody, Wyoming
Explore investment opportunities by strategy, performance, or property type
