Investing in Missoula County
Missoula County covers 4 rental markets we actively finance in Montana — Frenchtown, Lolo, Missoula, Seeley Lake. Across those markets the median investment basis averages $480,000, a long-term lease averages $2,413/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,258. That produces a county-wide average DSCR ratio near 0.73x.
Basis varies more inside Missoula County than the average suggests. Seeley Lake is the lowest entry point at roughly $425,000, while Missoula currently models the strongest coverage ratio in the county at 0.92x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.