Real Estate Investing in Troy, Montana (59935)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59935 (Troy, 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: 31.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.8 — 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 Troy, MT (59935)?
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Market Analysis: 59935 Troy
ZIP 59935 inside Lincoln County looks affordable on the surface — median value of $422K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 59935 can be a a viable market for hunting ground — but the discount at $422K reflects genuine risk that outside investors often underestimate.
From a cash-flow lens, 59935 offers a low basis, the region around Troy has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 59935 includes headwinds that any investor should price in. Income distribution skews lower than Troy averages, and tenant stability requires active management.
New investors are better served looking at Troy's stable or hybrid ZIPs before stepping into 59935. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Troy:
Property Strategy for 59935
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $322,473 | $1,090 | 2.4% | +13.1% | $322,473 |
| 2BR | $392,030 | $1,190 | 2.2% | +13.4% | $196,015 |
| 3BR | $495,957 | $1,660 | 2.4% | +13.0% | $165,319 |
| 4BR | $547,749 | $1,920 | 2.5% | +12.9% | $136,937 |
Market Trends
Home Value History (with trend line)
📊 How Does 59935 Compare?
| Metric | 59935 | Troy | Montana |
|---|---|---|---|
| Home Value | $421,850 | $421,850 | $457,278 |
| 5-Year CAGR | 7.3% | 7.3% | 9.2% |
| Avg Rent | $1,071 | $1,071 | - |
| 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 59935 (Troy, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $421,850 |
| Monthly Rent | $1,071 |
| Price-to-Rent | 32.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 59935
Population: 3,359
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 59935
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 monthly rent should investors expect in Troy, MT?
The typical rental in Troy, MT commands about $1,071/mo monthly. That rent profile stable cash flow against the $422K purchase basis.
Is house hacking profitable in Troy, MT?
Troy, MT offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,071/mo rent level.
What is the investability score for Troy, MT?
Investors tracking Troy, MT will find a 3.0/5 rating supported by $422K median home values and $1,071/mo rents. That profile suits long-term holders targeting predictable returns.
Should investors worry about vacancy in Troy, MT?
Occupancy in Troy, MT runs reliable with elevated vacancy. Well-priced units at $1,071/mo lease on reasonable timelines.
How do home values compare in Troy, MT?
Typical homes in Troy, MT go for around $422K. The 5-year CAGR of 0.0% measured price movement.
You know 59935 now. You don’t know where it ranks.
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