Investing in Fremont County
Fremont County covers 5 rental markets we actively finance in Wyoming — Dubois, Hudson, Lander, Riverton, Shoshoni. Across those markets the median investment basis averages $291,000, a long-term lease averages $1,870/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,945. That produces a county-wide average DSCR ratio near 1.07x.
Basis varies more inside Fremont County than the average suggests. Shoshoni is the lowest entry point at roughly $145,000, while Shoshoni currently models the strongest coverage ratio in the county at 1.34x. 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.