DSCR Loans in Wyoming
Buy a Cheyenne three-bedroom near Wyoming's $372K typical price with 30% down on an interest-only payment and the rent can just cover it, helped by a 0.53% tax rate and no state income tax. That is about as good as Wyoming long-term rentals get. Jackson is a different world, priced for short-term rental income only.
Wyoming DSCR Loan Market
Wyoming is simple on paper: no state income tax, one of the lowest effective property tax rates in the country at about 0.53%, moderate insurance at about $150 a month, and landlord-friendly law with minimal regulation. The typical home runs about $372K with rent near $1,510, so a median rental at 20% down still falls short of 1.0.
Cheyenne is the practical market. F.E. Warren Air Force Base and state government support steady demand, and prices sit near the state median, which is why the sample deal below is a Cheyenne single-family with 30% down on an interest-only payment. Casper is the energy town, cheaper and more cyclical. Laramie adds University of Wyoming demand.
Jackson Hole is its own economy, a world-class short-term rental market with premium nightly rates and some of the highest prices in the country. Teton County's rules are strict, and long-term rents there cannot come close to covering a purchase, so nightly income and the permit to earn it decide every deal.
Top Investor Cities
- Cheyenne
- Casper
- Jackson
Monthly tax on $372,000 property: $164/mo
8 DSCR Loan Programs for Wyoming Investors
Standard DSCR
The most popular option. 20% down, 660+ credit.
No-Ratio DSCR
No minimum DSCR required. 30% down.
Interest-Only DSCR
Lower monthly payments for better cash flow.
STR DSCR
Use projected Airbnb/VRBO income to qualify.
Foreign National DSCR
No SSN or US credit history required.
Bank Statement DSCR
Hybrid qualification for self-employed investors.
Portfolio DSCR
Finance multiple properties under one loan.
Bridge-to-DSCR
Purchase, rehab, then refinance into DSCR.
DSCR Loan Requirements in Wyoming
Licensing & Regulatory
Loans in Wyoming are originated by a licensed DSCR broker matched to your state. The matched broker holds the required state license; DSCRBroker.com is not the originator.
All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.
Common Property Types
- Single-Family Rentals
- Short-Term Rentals
- Condos/Townhomes
Down Payment & LTV
- Standard DSCR: 20% minimum down (80% LTV)
- No-Ratio DSCR: 30% minimum down (70% LTV)
- 30%+ down unlocks No-Ratio DSCR programs and broader lender access
Appraisal & Rent Schedule
- Form 1007 rent schedule required with appraisal
- Appraisal estimates market rent for DSCR calculation
- STR properties: AirDNA projected income accepted
Sample DSCR Deal in Cheyenne, Wyoming
3-bed / 2-bath SFR
Purchase in Cheyenne, Wyoming
Monthly Breakdown
This borrower closed in 25 days with no income verification, no tax returns, and no employment check.
Results may vary. This is a representative example, not a guarantee of future performance.
This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.
DSCR Loan Questions for Wyoming Investors
Only in the right place. The Town of Jackson and Teton County limit short-term rentals to specific zones, largely a lodging overlay near the resort areas and downtown, and prohibit them in most residential neighborhoods. Properties where nightly rental is allowed carry a price premium for that reason. An STR DSCR loan can qualify on projected short-term income where the use is permitted. Confirm the zoning and permit status for the exact unit before you do anything else.
Low. The effective rate runs about 0.53%, per the Tax Foundation's 2026 figures, among the lowest in the country, and residential property is assessed at the same ratio whether it is rented or owner-occupied. Wyoming has recently added relief aimed at owner-occupied homes, which a rental may not get, so the gap between a rental and a homestead could widen. Your matched specialist should use the current bill for the parcel, especially after a sale.
Many investors do, and Wyoming LLCs are popular nationwide for their low fees and privacy. DSCR lenders generally lend to LLCs, often with a personal guarantee, and they will want the formation documents, operating agreement, and EIN. If you live elsewhere, your home state may require the LLC to register there too, which adds cost. The right structure depends on your liability and tax situation, so talk to an attorney. The loan itself works the same either way.
It is a steady one. F.E. Warren supports a meaningful share of Cheyenne's rental demand, along with state government and a growing data center presence. Service members on set tours often prefer to rent, and turnover clusters in summer. The sample deal below shows what it takes to clear 1.0 on a typical Cheyenne house: 30% down and an interest-only payment. Qualify on market rent from the appraisal, not housing allowance tables.
Explore DSCR Loans in Nearby States
Already eyeing a property in Wyoming?
Bring the address or just a price range. Your matched specialist will run the ratio, flag what the lender will ask for, and structure the file around the rent. 2 minutes. No SSN. No credit pull.
Match Me With a SpecialistLoans in Wyoming are originated by a licensed DSCR broker matched to your state. The matched broker holds the required state license; DSCRBroker.com is not the originator. The matched broker is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.