Real Estate Investing in Emigrant, Montana (59027)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59027 (Emigrant, MT)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 42.1 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Emigrant, MT (59027)?
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Market Analysis: 59027 Emigrant
The 59027 ZIP in Emigrant, MT is a local-operator market. Outside capital chasing a $804K entry has to pair deep knowledge with the discount.
On balance, the numbers look inviting — $804K purchase price, 0.0% nominal cap — the work to hit that pro forma in 59027 is substantial and deserves full respect.
Nearby ZIPs in Emigrant have seen price recovery that 59027 has not matched. Park County data supports the view that the spread is structural rather than temporary.
The 59027 ZIP's population of 720 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 59027 is an operator game, not a passive one. On balance, entry prices of $804K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Emigrant:
Property Strategy for 59027
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $617,204 | $1,770 | 2.1% | +8.2% | $308,602 |
| 3BR | $808,145 | $2,460 | 2.2% | +8.3% | $269,382 |
Market Trends
Home Value History (with trend line)
📊 How Does 59027 Compare?
| Metric | 59027 | Emigrant | Montana |
|---|---|---|---|
| Home Value | $803,745 | $803,745 | $457,278 |
| 5-Year CAGR | 5.2% | 5.2% | 9.2% |
| Avg Rent | $1,593 | $1,593 | - |
| Cap Rate | 1.6% | 1.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59027 (Emigrant, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $803,745 |
| Monthly Rent | $1,593 |
| Price-to-Rent | 42.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (1.6%). 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 59027
Population: 720
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
Frequently Asked Questions
Where do rents currently stand in Emigrant, MT?
The typical rental in Emigrant, MT commands about $1,593/mo monthly. That rent profile predictable cash flow against the $804K purchase basis.
What type of investing works in Emigrant, MT?
Investors usually favor careful cash-flow rentals with hands-on management in Emigrant, MT. With home values at $804K and rents near $1,593/mo, other strategies can work but produce measured rather than outsized returns.
Should investors consider Emigrant, MT?
With a 3.0/5 investability score, Emigrant, MT ranks as a solid market for rental property investors. Median prices of $804K and rents of $1,593/mo drive the underlying numbers.
How much does a house cost in Emigrant, MT?
Homes in Emigrant, MT typically sell near $804K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is Emigrant, MT good for house hacking?
The house hack math a challenging in Emigrant, MT. Owner-occupant buyers benefit from the $1,593/mo rents and $804K home values.
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