Real Estate Investing in Cascade, Montana (59485)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59485 (Cascade, 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: 15.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.8 — 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 Cascade, MT (59485)?
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Market Analysis: 59485 Cascade
The 59485 ZIP in Cascade, MT is a local-operator market. Outside capital chasing a $459K entry has to pair deep knowledge with the discount.
Rent of $1,242/mo on a $459K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 59485 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Cascade have seen price recovery that 59485 has not matched. Cascade County data supports the view that the spread is structural rather than temporary.
A sturdy renter share of 0% in 59485 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 59485 is an operator game, not a passive one. Meanwhile, entry prices of $459K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Cascade:
Market Trends
Home Value History (with trend line)
📊 How Does 59485 Compare?
| Metric | 59485 | Cascade | Great Falls, MT | Montana |
|---|---|---|---|---|
| Home Value | $459,328 | $433,311 | N/A | $457,278 |
| 5-Year CAGR | 8.1% | 8.5% | N/A | 9.2% |
| Avg Rent | $1,242 | $1,238 | N/A | - |
| Cap Rate | 2.1% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59485 (Cascade, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $459,328 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 30.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.1%). 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 59485
Population: 767
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 59485
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 790 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Cascade, MT?
Homes in Cascade, MT typically sell near $459K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
How do landlord-tenant laws work in Cascade, MT?
MT law landlord-friendly for landlords, and Cascade inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is Cascade, MT for real estate investors?
Cascade, MT rates 3.0/5 for investability. With median values at $459K and rents near $1,242/mo, the market offers reasonable fundamentals for rental investors.
Where do rents currently stand in Cascade, MT?
Investors in Cascade, MT typically see rents near $1,242/mo per month against $459K home values - a solid setup for rental cash flow.
How deep is the rental pool in Cascade, MT?
Expect a solid tenant pool in Cascade, MT. The rental market absorbs $1,242/mo rents without meaningful friction.
You know 59485 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59485 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 59485 ranks in Great Falls, MT
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