Real Estate Investing in Ennis, Montana (59729)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59729 (Ennis, MT)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ennis, MT (59729)?
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Market Analysis: 59729 Ennis
In practical terms, ZIP 59729 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $669K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 59729 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 59729 offers a low basis, the region around Ennis has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 59729 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
seems 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 Ennis:
Property Strategy for 59729
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $453,114 | $1,470 | 2.3% | +8.3% | $453,114 |
| 2BR | $534,785 | $1,880 | 2.5% | +9.9% | $267,392 |
| 3BR | $669,662 | $2,640 | 2.8% | +9.2% | $223,221 |
| 4BR | $854,021 | $3,110 | 2.6% | +8.3% | $213,505 |
Market Trends
Home Value History (with trend line)
📊 How Does 59729 Compare?
| Metric | 59729 | Ennis | Montana |
|---|---|---|---|
| Home Value | $668,764 | $668,764 | $457,278 |
| 5-Year CAGR | 5.0% | 5.0% | 9.2% |
| Avg Rent | $1,692 | $1,692 | - |
| Cap Rate | 2.0% | 2.0% | - |
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 59729 (Ennis, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $668,764 |
| Monthly Rent | $1,692 |
| Price-to-Rent | 32.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (2.0%). 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 59729
Population: 2,700
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 59729
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 is the investability score for Ennis, MT?
Yes - Ennis, MT a 3.0/5 investability score. With $669K home prices against $1,692/mo monthly rent, the market delivers a reasonable entry point for new investors.
How should investors approach Ennis, MT?
In Ennis, MT the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $669K prices and $1,692/mo rents suits that approach.
How much is rent in Ennis, MT?
Ennis, MT rentals go for roughly $1,692/mo a month. That puts gross yield in solid territory relative to $669K acquisition costs.
Is MT a landlord-friendly state?
Landlord-friendliness in Ennis, MT is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is it easy to find good tenants in Ennis, MT?
The renter base in Ennis, MT is reasonable for the $1,692/mo price point. Screening well and pricing to market typically yields predictable tenants.
You know 59729 now. You don’t know where it ranks.
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