Real Estate Investing in Joliet, Montana (59041)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59041 (Joliet, MT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Joliet, MT (59041)?
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Market Analysis: 59041 Joliet
The 59041 ZIP covers a section of Joliet that demands careful diligence. Prices near $551K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 59041 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Joliet have seen price recovery that 59041 has not matched. Carbon County data supports the view that the spread is structural rather than temporary.
A substantial renter share of 15% in 59041 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Joliet's stable or hybrid ZIPs before stepping into 59041. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Joliet:
Property Strategy for 59041
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $338,008 | $1,670 | 3.6% | +8.7% | $169,004 |
| 3BR | $561,053 | $2,300 | 3.0% | +9.8% | $187,018 |
| 4BR | $608,407 | $2,610 | 3.1% | +8.8% | $152,102 |
Market Trends
Home Value History (with trend line)
📊 How Does 59041 Compare?
| Metric | 59041 | Joliet | Billings, MT | Montana |
|---|---|---|---|---|
| Home Value | $550,725 | $550,725 | N/A | $457,278 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 9.2% |
| Avg Rent | $1,503 | $1,503 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59041 (Joliet, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $550,725 |
| Monthly Rent | $1,503 |
| Price-to-Rent | 30.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 59041
Population: 2,224
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 59041
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is real estate in Joliet, MT a good investment right now?
Our data puts Joliet, MT at 3.0/5 for investability. Home prices of $551K and rents around $1,503/mo create a solid backdrop for investor activity.
What is the average monthly rent in Joliet, MT?
Investors in Joliet, MT typically see rents near $1,503/mo per month against $551K home values - a solid setup for rental cash flow.
Do rentals sit vacant long in Joliet, MT?
Joliet, MT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are homes affordable in Joliet, MT?
Expect median prices around $551K in Joliet, MT. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What investment strategy works best in Joliet, MT?
Investors usually favor careful cash-flow rentals with hands-on management in Joliet, MT. With home values at $551K and rents near $1,503/mo, other strategies can work but produce steady rather than outsized returns.
You know 59041 now. You don’t know where it ranks.
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