Investing in Fremont County
Fremont County covers 3 rental markets we actively finance in Wyoming — Dubois, Lander, Riverton. Across those markets the median investment basis averages $371,667, a long-term lease averages $2,158/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,498. That produces a county-wide average DSCR ratio near 0.93x.
Basis varies more inside Fremont County than the average suggests. Riverton is the lowest entry point at roughly $275,000, while Riverton currently models the strongest coverage ratio in the county at 1.16x. 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.