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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Evanston, WY

Fix & Flip
Listed for sale 1 day ago
$ 195,000
ROI
27.8
Cash Flow/m
438- 2 Bed
- 1 Bath
- 1200 sft
625 Elm St, Evanston, WY, 82930

Listed for sale 1 day ago
$ 219,900
ROI
30.0
Cash Flow/m
628- 4 Bed
- 2 Bath
- 1742 sft
101 Birch St, Evanston, WY, 82930

$ 299,000
ROI
26.3
Cash Flow/m
540- 3 Bed
- 2 Bath
- 1620 sft
305 Green River Cir, Evanston, WY, 82930

$ 189,000
ROI
20.4
Cash Flow/m
32- 3 Bed
- 2 Bath
- 1635 sft
473 Miller Ave, Evanston, WY, 82930
Why Invest in Evanston, Wyoming?
Discover investment properties under $500K in Evanston, WY, offering accessible entry into a stable market. This small city near the Utah border provides solid rental yields around 7-8% with low vacancy rates. Energy sector jobs drive consistent demand, supporting cap rates of 8-10%. Annual appreciation averages 4%, bolstered by regional growth. Renter-occupied housing exceeds 35%, ensuring reliable cash flow.
9.5%
Avg. ROI
7.8%
Rental Yield
9.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Primarily single-family homes and townhomes, averaging 1,800 sqft with 3-4 bedrooms. Prices range from $250K to $499K, ideal for rentals or flips. Inventory includes 20-60 listings per major portal.
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