Investing in Big Horn County
Big Horn County covers 3 rental markets we actively finance in Wyoming — Basin, Greybull, Lovell. Across those markets the median investment basis averages $198,333, a long-term lease averages $1,625/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,301. That produces a county-wide average DSCR ratio near 1.25x.
Basis varies more inside Big Horn County than the average suggests. Greybull is the lowest entry point at roughly $175,000, while Greybull currently models the strongest coverage ratio in the county at 1.28x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.