Is Sheridan, MT a good place to invest in rental property?

Sheridan, MT has a median modeled monthly cash flow of $-3,126 and a median cap rate of 0.9%, on a median sold price of $400,000. Prices changed +5.6% year over year.

What is the average cap rate in Sheridan, MT?

The median cap rate across recently sold homes in Sheridan, MT is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sheridan, MT?

The median sold price in Sheridan, MT is $400,000 (about $319 per square foot).

Investing in Sheridan, MT Real Estate

A data-driven snapshot of the Sheridan, MT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$400,000Median sold price

$319Median $/sqft

0.9%Median cap rate

$-3,126Modeled cash flow / mo

+5.6%Appreciation YoY

5.7Months of supply

18Active listings

38Sold (last 12 mo)

What the Sheridan numbers say

In Sheridan, MT, the median home sold for $400,000 (about $319 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-3,126 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Montana markets to compare

See Sheridan cash-flowing listings

CashFlowRE ranks every for-sale home in Sheridan, MT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Sheridan deals, or browse the national market data.