Real Estate Investing in Black Eagle, Montana (59414)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cascade County • Population: 654 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 59414 (Black Eagle, MT)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 37.8% of homes vacant — above national norms.
  • Elevated poverty: 31.0% poverty rate — can affect rent collection.

• 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 Black Eagle, MT (59414)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $244,187
Avg Monthly Rent $1,026
1% Rule ✗ Does Not Meet
Median Income N/A
% Renters 41.6%

Market Analysis: 59414 Black Eagle

Investors eyeing 59414 need to respect the fundamentals at play. Home values of $244K come alongside slower price movement and elevated management overhead.

For an experienced owner, 59414 can be a a solid fit for hunting ground — but the discount at $244K reflects genuine risk that outside investors often underestimate.

Regionally, 59414 sits on the difficult end of the MT spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

Employment concentration in 59414 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

trends toward 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Black Eagle:

Affordability
Affordable
Homes cost × the median income
Value Trend
Rising (+3.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,026/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Great Falls, MT Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Great Falls, MT metro data
🏠

Property Strategy for 59414

Which property type performs best in this market?

Best for Cash Flow
3BR
4.4% cap rate
Best for Appreciation
2BR
+11.0% 5yr CAGR
Best Overall Value
3BR
$86,559/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $202,697 $1,140 4.0% +11.0% $101,349
3BR $259,676 $1,590 4.4% +11.0% $86,559

Market Trends

Home Value History (with trend line)

$258K$224K$190K$156K$122K$88KAug 2014Aug 2020Jul 2026

📊 How Does 59414 Compare?

Metric 59414 Black Eagle Great Falls, MT Montana
Home Value $244,187 $244,187 N/A $457,278
5-Year CAGR 8.3% 8.3% N/A 9.2%
Avg Rent $1,026 $1,026 N/A -
Cap Rate 3.3% 3.3% - -
💡 Why Invest in 59414? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 42% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 59414 (Black Eagle, MT). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 59414 (Black Eagle, MT)?

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+8.3%
Strong

📉 Market Crash Risk Index

Based on Great Falls, MT metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $244,187
Monthly Rent $1,026
Price-to-Rent 19.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.0%
Cap Rate 3.3%
5-Year IRR 11.6%

📈 Home Appreciation

1-Year +3.5% ▲
3-Year CAGR +5.5% ▲
5-Year CAGR +8.3% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
37.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 59414

Population: 654

💰 Median Household Income
N/A
🏠 Renter Occupied
41.6%
This area
41.6%
State
24.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-0.5%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
20.1%
USA
33.7%
👤 Median Age
45.8 years
This area
45.8 years
State
38.3 years
USA
38.9 years
🏚️ Vacancy Rate
37.8%
This area
37.8%
State
26.6%
USA
10.5%
👥 Population by Ethnicity
White 83.8%
Other/Mixed 16.3%
Hispanic/Latino 7.6%
👶 Under 18
18.8%
This area
18.8%
USA
22.0%
👴 65 and Over
22.3%
This area
22.3%
USA
17.3%
📊 Poverty Rate
31.0%
This area
31.0%
USA
11.5%

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 59414

Nearby Schools (3 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

Whittier School

📚 Pre-K – 06 School
📍 305 8th Street North, Great Falls
👥
189 Students
👨‍🏫
9.5:1 Class Size
💰
$13,469 Per Student
B+ Above Average

Morningside School

📚 Pre-K – 06 School
📍 4119 7th Avenue North, Great Falls
👥
204 Students
👨‍🏫
13.8:1 Class Size
💰
$13,469 Per Student
B Good

Giant Springs Elementary

📚 Pre-K – 06 School
📍 520 32nd Street North, Great Falls
👥
439 Students
👨‍🏫
16.7:1 Class Size
💰
$13,469 Per Student
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.

🎓 Nearby Colleges & Universities

3 Nearby 790 Off-Campus Students
C
Montana Academy of Salons
147 students · 2.5 mi
C
University of Providence
677 students · 2.6 mi
C
Great Falls College Montana State University
1,318 students · 2.9 mi

Investor Insight: With 790 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How strong is Black Eagle, MT for real estate investors?

Investors tracking Black Eagle, MT will find a 3.0/5 rating supported by $244K median home values and $1,026/mo rents. That profile suits long-term holders targeting stable returns.

What is the tenant pool like in Black Eagle, MT?

Black Eagle, MT draws a reliable base of working renters. Demand at the $1,026/mo rent level is reasonable for standard single-family and small multi rentals.

How much rent can I charge in Black Eagle, MT?

Average rent in Black Eagle, MT is approximately $1,026/mo per month. Against $244K home values that yields a reasonable rent-to-price ratio.

What is the smart move for investors in Black Eagle, MT?

A careful cash-flow rentals with hands-on management strategy Black Eagle, MT best. The market produces stable results for that approach at the $244K price point.

What are vacancy rates like in Black Eagle, MT?

Vacancy risk in Black Eagle, MT is elevated. That supports predictable cash flow for typical rental holds.

You know 59414 now. You don’t know where it ranks.

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How 59414 ranks in Great Falls, MT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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