Trend of Rental Yield in Cheyenne County, Colorado

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Cheyenne County out performed than Colorado by 14.4
• % Change Population: Cheyenne County out performed than US by 18.4
• CAGR Population: Cheyenne County out performed than state by 2.2
• CAGR Population: Cheyenne County out performed than US by 2.8
• % Change Median Gross Rent: Cheyenne County out performed than Colorado by 35.1
• % Change Median Gross Rent: Cheyenne County out performed than US by 41.5
• CAGR Median Gross Rent: Cheyenne County out performed than state by 4.5
• CAGR Median Gross Rent: Cheyenne County out performed than US by 5.5
• % Change Home Value: Cheyenne County under performed than Colorado by -5.1
• % Change Home Value: Cheyenne County out performed than US by 4.4
• CAGR Home Value: Cheyenne County under performed than state by -0.9
• CAGR Home Value: Cheyenne County out performed than US by 0.7
• % Change Rental Yield: Cheyenne County out performed than Colorado by 40.6
• % Change Rental Yield: Cheyenne County out performed than US by 36.1
• CAGR Rental Yield: Cheyenne County out performed than state by 5.4
• CAGR Rental Yield: Cheyenne County out performed than US by 4.7

County	Cheyenne County
Population 2015	2,002
Population 2009	1,622
Population % change	23.4
Population change rank compared to US	47
Population change rank compared to Colorado	2
Median Gross Rent 2015	636
Median Gross Rent 2009	410
Median Gross Rent % change	55.1
Median Gross Rent change rank compared to US	50
Median Gross Rent change rank compared to Colorado	1
Home Value 2015	82,300
Home Value 2009	81,700
Home Value % change	0.7
Home Value change rank compared to US	2,243
Home Value change rank compared to Colorado	42
Rental Yield 2015	9.3
Rental Yield 2009	6.0
Rental Yield % change	54.0
Rental Yield change rank compared to US	63
Rental Yield change rank compared to Colorado	1