Real Estate Investing in Fishtail, Montana (59071)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59071 (Fishtail, 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: 81.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 39.5 — 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 Fishtail, MT (59071)?
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Market Analysis: 59071 Fishtail
ZIP 59071 inside Carbon County looks affordable on the surface — median value of $529K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 59071 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within MT, ZIP 59071 trails on several market indicators that neighboring Carbon County submarkets outperform. The gap is real and solid enough to shape underwriting.
From an investor standpoint, 65 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Fishtail:
Market Trends
Home Value History (with trend line)
📊 How Does 59071 Compare?
| Metric | 59071 | Fishtail | Billings, MT | Montana |
|---|---|---|---|---|
| Home Value | $529,199 | $559,273 | N/A | $457,278 |
| 5-Year CAGR | 8.8% | 8.3% | N/A | 9.2% |
| Avg Rent | $1,116 | $1,215 | N/A | - |
| Cap Rate | 1.6% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59071 (Fishtail, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $529,199 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 39.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +14.6% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +8.8% ▲ |
| 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 59071
Population: 65
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
How much should I expect to pay for a home in Fishtail, MT?
Expect median prices around $529K in Fishtail, MT. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How much is rent in Fishtail, MT?
Rents in Fishtail, MT run near $1,116/mo. Compared with median home prices of $529K that produces solid gross yields for typical rentals.
What is the renter demographic in Fishtail, MT?
Fishtail, MT offers a consistent renter base at the $1,116/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does Fishtail, MT make sense for an investment property?
The 3.0/5 investability rating in Fishtail, MT reflects its $529K prices and $1,116/mo rents. Investors generally consider it a solid option within MT.
Is MT a landlord-friendly state?
The landlord environment in Fishtail, MT is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 59071 now. You don’t know where it ranks.
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