Under $500K Investment Properties for Sale in Cody, WY
685- 2 Bed
- 1 Bath
- 957 sft
268- 4 Bed
- 3 Bath
- 2976 sft
254- 4 Bed
- 3 Bath
- 3471 sft
471- 4 Bed
- 3 Bath
- 1804 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.
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