Real Estate Investing in Goffstown, New Hampshire (03045)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03045 (Goffstown, NH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Goffstown, NH (03045)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03045 Goffstown
ZIP 03045 in Goffstown, NH carries a significant set of headwinds. Home values near $520K and rents of $1,866/mo sit inside a market where underwriting has to be tight.
The investment case in 03045 is healthy only for operators who understand what they are buying. A $520K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Turning to rents, 03045 offers a low basis, the region around Goffstown has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
From a cash-flow lens, 14,013 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.
Strategically, 03045 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Goffstown:
Property Strategy for 03045
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $334,463 | $1,630 | 3.5% | +10.6% | $334,463 |
| 2BR | $370,366 | $2,140 | 4.2% | +9.9% | $185,183 |
| 3BR | $544,413 | $2,570 | 3.4% | +9.2% | $181,471 |
| 4BR | $622,547 | $2,840 | 3.3% | +9.6% | $155,637 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03045 Compare?
| Metric | 03045 | Goffstown | Manchester-Nashua, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $519,774 | $519,774 | N/A | $496,656 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 9.6% |
| Avg Rent | $1,866 | $1,866 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 03045 (Goffstown, NH). Anonymous, moderated, never written by AI.
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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 | $519,774 |
| Monthly Rent | $1,866 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.8%). 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 03045
Population: 14,013
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 03045
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,783 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Goffstown, NH?
Homes in Goffstown, NH typically sell near $520K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What monthly rent should investors expect in Goffstown, NH?
Average rent in Goffstown, NH is approximately $1,866/mo per month. Against $520K home values that yields a reasonable rent-to-price ratio.
Does house hacking make sense in Goffstown, NH?
House hacking works a challenging in Goffstown, NH. Rents of $1,866/mo against $520K acquisition make the strategy solid for owner-occupants.
Is NH a landlord-friendly state?
Landlord-friendliness in Goffstown, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are renters plentiful in Goffstown, NH?
Goffstown, NH draws a consistent base of working renters. Demand at the $1,866/mo rent level is reasonable for standard single-family and small multi rentals.
You know 03045 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03045 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 03045 ranks in Manchester-Nashua, NH
Every ZIP in this metro, ranked. Free.
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