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MarketsWyomingJackson

Cap Rate Analysis: Jackson, WY

Investment metrics, interactive calculators, and data-driven analysis for Jackson rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $1,380,000 median price and $3,620/mo median rent
Est. Cap Rate
1.57%
1% Rule
0.26%
Fails
GRM
31.8x
Price / Income
23.7x

Market Data

Median Home Price$1,380,000
Median Monthly Rent$3,620
Property Tax Rate0.61%
Population50,000
Population Growth0.8% / yr
Median Household Income$58,200
Vacancy Rate5.2%
Annual Appreciation2.4%

Cap Rate Calculator — Jackson

Pre-filled with Jackson medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.61% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
1.41%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$19,413
net operating income
Gross Rent Multiplier
31.8x
High (>15)
1% Rule
0.26%
✗ Fails
Monthly Cash Flow
$1,618
before debt service
Annual Breakdown
Gross Rental Income$43,440
Less Vacancy−$2,259
Effective Income$41,181
Less Operating Expenses−$21,768
Net Operating Income$19,413
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Cash-on-Cash Return — Jackson

Factor in financing to see your actual return on invested capital in Jackson.

$
$345,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-14.43%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$386,400
$345,000 down + $41,400 closing
Monthly Mortgage
$6,747
on $1.0M loan
Monthly Cash Flow
$-4,647
after all expenses
Annual Cash Flow
$-55,769
before taxes
Cash Flow Breakdown
Monthly Rent$3,620
Less Expenses−$1,520
Less Mortgage−$6,747
Monthly Cash Flow$-4,647

Is Jackson a Good Place to Invest in Rental Property?

Jackson, WY has a population of 50,000 and has been growing at 0.8% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $1,380,000 paired with median rents of $3,620/mo produces an estimated cap rate of 1.57%.

Property taxes at 0.61% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5.2% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 23.7x, homes cost about 23.7 times the local median income of $58,200. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.4% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Jackson is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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