Real Estate Investing in Plentywood, Montana (59254)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59254 (Plentywood, MT)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 30.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Plentywood, MT (59254)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 59254 Plentywood
Looking more closely, ZIP 59254 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $169K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 59254 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within MT, ZIP 59254 trails on several market indicators that neighboring Sheridan County submarkets outperform. The gap is real and impressive enough to shape underwriting.
A substantial renter share of 25% in 59254 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears 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 Plentywood:
Property Strategy for 59254
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,806 | $1,080 | 7.2% | +5.1% | $53,903 |
| 3BR | $178,028 | $1,500 | 6.1% | +6.2% | $59,343 |
| 4BR | $199,682 | $1,610 | 5.8% | +5.5% | $49,921 |
Market Trends
Home Value History (with trend line)
📊 How Does 59254 Compare?
| Metric | 59254 | Plentywood | Montana |
|---|---|---|---|
| Home Value | $169,121 | $169,121 | $457,278 |
| 5-Year CAGR | 3.8% | 3.8% | 9.2% |
| Avg Rent | $972 | $972 | - |
| Cap Rate | 4.5% | 4.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59254 (Plentywood, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $169,121 |
| Monthly Rent | $972 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (4.5%). 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 59254
Population: 1,845
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 59254
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
How expensive is real estate in Plentywood, MT?
Median home price in Plentywood, MT is near $169K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How tight is the rental market in Plentywood, MT?
Plentywood, MT carries elevated vacancy risk. Expect stable absorption at market rents of $972/mo.
How deep is the rental pool in Plentywood, MT?
The tenant pool in Plentywood, MT is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
How do landlord-tenant laws work in Plentywood, MT?
MT law landlord-friendly for landlords, and Plentywood inherits those rules. Investors should still review local ordinances for rental licensing.
How much do tenants pay in Plentywood, MT?
Expect rents around $972/mo per month in Plentywood, MT. With home values at $169K, the yield math works out to reasonable levels for rental investors.
You know 59254 now. You don’t know where it ranks.
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Community Ratings
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