Real Estate Investing in Terry, Montana (59349)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59349 (Terry, MT)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 25.7% of homes vacant — above national norms.
• 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 Terry, MT (59349)?
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Market Analysis: 59349 Terry
Investors scanning Terry, MT for forced-equity plays often land on the 59349 ZIP. A an appealing option for entry near $131K pairs with rents of $1,395/mo to widen the renovation window.
In 59349, the deal is made on the buy and on the capex. notable entry prices of $131K leave room in the budget for light-to-medium renovation, with rent lift to match.
In Prairie County, 59349 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
Demographically, 59349 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
ZIP 59349 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Terry:
Property Strategy for 59349
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $92,937 | $1,550 | 12.0% | +11.8% | $46,469 |
| 3BR | $170,889 | $2,140 | 9.0% | +10.4% | $56,963 |
Market Trends
Home Value History (with trend line)
📊 How Does 59349 Compare?
| Metric | 59349 | Terry | Montana |
|---|---|---|---|
| Home Value | $131,059 | $131,059 | $457,278 |
| 5-Year CAGR | 4.2% | 4.2% | 9.2% |
| Avg Rent | $1,395 | $1,395 | - |
| Cap Rate | 8.3% | 8.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59349 (Terry, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,059 |
| Monthly Rent | $1,395 |
| Price-to-Rent | 7.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.8% |
| Cap Rate | 8.3% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +12.4% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 59349
Population: 892
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 59349
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
What are home prices like in Terry, MT?
Typical homes in Terry, MT go for around $131K. The 5-year CAGR of 0.0% steady price movement.
How well does BRRRR work in Terry, MT?
BRRRR in Terry, MT is a strong. The interplay of $131K values and $1,395/mo rents creates reasonable refinance conditions.
Is Terry, MT good for house hacking?
House hacking works an attractive in Terry, MT. Rents of $1,395/mo against $131K acquisition make the strategy solid for owner-occupants.
What type of investing works in Terry, MT?
Terry, MT investors pursuing value-add and BRRRR deals. The underlying economics ($131K prices, $1,395/mo rents) make it a reasonable choice.
Is Terry, MT a smart market for rental property?
Our data puts Terry, MT at 5.0/5 for investability. Home prices of $131K and rents around $1,395/mo create a solid backdrop for investor activity.
You know 59349 now. You don’t know where it ranks.
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