Investing in Ravalli County
Ravalli County covers 2 rental markets we actively finance in Montana — Hamilton, Stevensville. Across those markets the median investment basis averages $610,000, a long-term lease averages $3,925/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $4,083. That produces a county-wide average DSCR ratio near 0.96x.
Basis varies more inside Ravalli County than the average suggests. Stevensville is the lowest entry point at roughly $590,000, while Stevensville currently models the strongest coverage ratio in the county at 0.97x. 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.