Real Estate Investing in Francestown, New Hampshire (03043)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03043 (Francestown, NH)? 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: 19.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.1 — 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 Francestown, NH (03043)?
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Market Analysis: 03043 Francestown
From a cash-flow lens, ZIP 03043 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $550K median. It rewards specialists, not generalists.
Rent of $1,629/mo on a $550K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03043 sits below the stated 0.0% once reality is priced in.
In the broader NH picture, 03043 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 1,347 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 03043 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Francestown:
Property Strategy for 03043
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $365,024 | $1,810 | 3.6% | +8.8% | $182,512 |
| 3BR | $515,597 | $2,170 | 3.0% | +9.9% | $171,866 |
| 4BR | $647,204 | $3,030 | 3.4% | +9.7% | $161,801 |
Market Trends
Home Value History (with trend line)
📊 How Does 03043 Compare?
| Metric | 03043 | Francestown | Manchester-Nashua, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $550,104 | $550,104 | N/A | $496,656 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 9.6% |
| Avg Rent | $1,629 | $1,629 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 03043 (Francestown, NH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 03043 (Francestown, NH)?
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Property managers serving Hillsborough County
Manage rentals here? List your business →Finley Property Management, LLC is a boutique firm offering leasing and full-time management for single-family homes, townhomes, condos, and small multi-unit properties in Portland. summary from their website
North Point Property Management, LLC, also known as RowCal, is an HOA & Community Association Management Company offering financial, maintenance, and construction services. summary from their website
Peloquin Realty & Property Management offers property management services and real estate sales in Southern New Hampshire, including multi-family properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $550,104 |
| Monthly Rent | $1,629 |
| Price-to-Rent | 28.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 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 (2.3%). 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 03043
Population: 1,347
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 03043
Schools in This ZIP Code
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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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are there empty rentals in Francestown, NH?
Vacancy in Francestown, NH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,629/mo.
Is Francestown, NH a smart market for rental property?
The 3.0/5 investability rating in Francestown, NH reflects its $550K prices and $1,629/mo rents. Investors generally consider it a solid option within NH.
How strong is the working-renter base in Francestown, NH?
The renter base in Francestown, NH is reasonable for the $1,629/mo price point. Screening well and pricing to market typically yields reliable tenants.
How do landlord-tenant laws work in Francestown, NH?
NH law landlord-friendly for landlords, and Francestown inherits those rules. Investors should still review local ordinances for rental licensing.
Does a duplex house hack pencil in Francestown, NH?
For house hackers, Francestown, NH is a challenging. The $1,629/mo rent on a unit helps defray the mortgage on a $550K property.
You know 03043 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03043 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 03043 ranks in Manchester-Nashua, NH
Every ZIP in this metro, ranked. Free.
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