Real Estate Investing in Malta, Montana (59538)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59538 (Malta, MT)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.6% 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 Malta, MT (59538)?
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Market Analysis: 59538 Malta
ZIP 59538 in Malta, MT carries a notable set of headwinds. Home values near $243K and rents of $882/mo sit inside a market where underwriting has to be tight.
Looking more closely, the numbers look inviting — $243K purchase price, 0.0% nominal cap — the work to hit that pro forma in 59538 is substantial and deserves full respect.
Statewide comparisons place 59538 among MT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 59538 includes headwinds that any investor should price in. Income distribution skews lower than Malta averages, and tenant stability requires active management.
Strategically, 59538 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Malta:
Property Strategy for 59538
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $96,475 | $890 | 6.6% | — | $96,475 |
| 2BR | $166,349 | $980 | 4.2% | +7.3% | $83,174 |
| 3BR | $243,710 | $1,360 | 4.0% | +8.7% | $81,237 |
| 4BR | $294,907 | $1,580 | 3.9% | +9.0% | $73,727 |
| 5BR | $340,089 | — | — | +9.5% | $68,018 |
Market Trends
Home Value History (with trend line)
📊 How Does 59538 Compare?
| Metric | 59538 | Malta | Montana |
|---|---|---|---|
| Home Value | $243,058 | $243,058 | $457,278 |
| 5-Year CAGR | 5.2% | 5.2% | 9.2% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 2.8% | 2.8% | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59538 (Malta, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $243,058 |
| Monthly Rent | $882 |
| Price-to-Rent | 23.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (2.8%). 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 59538
Population: 2,842
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 59538
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
Is Malta, MT a good market for buy-and-hold investors?
Investors tracking Malta, MT will find a 3.0/5 rating supported by $243K median home values and $882/mo rents. That profile suits long-term holders targeting stable returns.
Is Malta, MT landlord-friendly?
MT ranks as a landlord-friendly state for landlord-tenant law. Malta generally follows the statewide framework, so landlords face reasonable operating rules.
What do landlords charge for rent in Malta, MT?
Rent in Malta, MT is around $882/mo. The resulting rent-to-value relationship with $243K pricing is reasonable for most investor models.
Do landlords face vacancy issues in Malta, MT?
Expect elevated vacancy in Malta, MT. Rents at $882/mo are absorbed by the tenant base without meaningful lag.
Does house hacking work in Malta, MT?
House hacking works a challenging in Malta, MT. Rents of $882/mo against $243K acquisition make the strategy solid for owner-occupants.
You know 59538 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59538 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.
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