Jackson Hole, WY Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$6,493
Monthly Cash Flow
-$2,436
Principal + Equity
$16,761
Annual Total Gain
$171,898
Cash on Cash
-6.11%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Places to Live in Wyoming
#1out of 31 markets
Best Places to Raise a Family in Wyoming
#1out of 31 markets
Best Places for Young Professionals in Wyoming
#1out of 31 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Jackson Hole, WY.
Jackson Hole, WY has specific regulations in place for short term rentals that investors should be aware of before purchasing a property for this purpose. Some key points to consider include:
1. Permits and Licenses: In Jackson Hole, property owners must obtain a Short Term Rental (STR) permit from the town or county government in order to legally operate a short term rental property. This permit may come with certain requirements and restrictions that must be followed.
2. Zoning Restrictions: Certain areas within Jackson Hole may have zoning restrictions that limit or prohibit short term rentals. Investors should carefully research the zoning regulations in the area where they are considering purchasing a property for short term rental purposes.
3. Occupancy Limits: Jackson Hole may have occupancy limits in place for short term rental properties, which could impact the potential rental income of the property. Investors should be aware of these limits and factor them into their financial projections.
4. Taxation: Short term rental properties in Jackson Hole are subject to lodging taxes, which must be collected and remitted to the appropriate authorities. Investors should understand their tax obligations and ensure they are in compliance with local tax laws.
5. Noise and Nuisance Regulations: Jackson Hole may have specific regulations in place regarding noise and nuisance issues related to short term rental properties. Investors should be aware of these regulations and take steps to ensure their property is in compliance.
6. Homeowner's Association Rules: If the property is located within a homeowner's association (HOA), there may be additional rules and regulations that govern short term rentals. Investors should review the HOA bylaws and ensure they are in compliance with any restrictions.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Jackson Hole before purchasing a property for this purpose. Failure to comply with these regulations could result in fines, penalties, or other legal consequences that could impact the profitability of the investment.
Market Trends Over Time
Market trend data is not yet available for Jackson Hole, WY.
Nearest Markets
Explore nearby investment markets close to Jackson Hole, WY.
The LTR Genie Score of Jackson Hole, WY is 73, indicating a moderate rating, while the STR Genie Score is 81, which is considered very high. The low LTR Rentability and Rent Growth Rate contribute to the lower LTR Genie Score, while the high STR Genie Score is influenced by the strong STR Net ROI, high STR Occupancy rate, and impressive STR Revenue.
Jackson Hole, WY is a popular tourist destination known for its stunning natural beauty, outdoor recreational activities, and luxury real estate market. The area attracts visitors year-round, making it an attractive location for short-term rental investments.
Based on the metrics provided, Jackson Hole, WY appears to be more favorable for short-term rental investments due to the high STR Genie Score and the strong performance indicators for this market segment. However, with a positive 1-Year Price Appreciation Forecast, long-term rental investments may also be viable for investors looking for potential appreciation in property value. Ultimately, a diversified investment strategy that includes both long-term and short-term rental properties could be beneficial in maximizing returns in this market.
LTR Genie Score 93
$249,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,568 sqft.🏠 SINGLE FAMILY