Real Estate Investing in Pelham, New Hampshire (03076)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03076 (Pelham, NH)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 33.3 — 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 Pelham, NH (03076)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03076 Pelham
ZIP 03076 in Pelham, NH carries a robust set of headwinds. Home values near $691K and rents of $1,728/mo sit inside a market where underwriting has to be tight.
Rent of $1,728/mo on a $691K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03076 sits below the stated 0.0% once reality is priced in.
In the broader NH picture, 03076 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 03076 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 03076 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 Pelham:
Property Strategy for 03076
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $543,966 | $1,920 | 2.5% | +8.0% | $271,983 |
| 3BR | $644,508 | $2,550 | 2.8% | +8.7% | $214,836 |
| 4BR | $802,288 | $2,700 | 2.4% | +9.3% | $200,572 |
| 5BR | $752,553 | — | — | +8.7% | $150,511 |
Market Trends
Home Value History (with trend line)
📊 How Does 03076 Compare?
| Metric | 03076 | Pelham | Manchester-Nashua, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $690,589 | $690,589 | N/A | $496,656 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 9.6% |
| Avg Rent | $1,728 | $1,728 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
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 03076 (Pelham, NH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 03076 (Pelham, 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 | $690,589 |
| Monthly Rent | $1,728 |
| Price-to-Rent | 33.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (2.0%). 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 03076
Population: 14,333
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 03076
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 1,267 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strict are landlord regulations in Pelham, NH?
NH law landlord-friendly for landlords, and Pelham inherits those rules. Investors should still review local ordinances for rental licensing.
Is Pelham, NH a good market for buy-and-hold investors?
The 3.0/5 investability rating in Pelham, NH reflects its $691K prices and $1,728/mo rents. Investors generally consider it a solid option within NH.
Is housing expensive in Pelham, NH?
In Pelham, NH the median home value sits at $691K. Against the broader NH market, that reads as reasonable for most investors.
What is the average monthly rent in Pelham, NH?
Rental rates in Pelham, NH average $1,728/mo. Tenant demand and $691K home values make the yield look reasonable by investor standards.
Can I house hack in Pelham, NH?
For house hackers, Pelham, NH is a challenging. The $1,728/mo rent on a unit helps defray the mortgage on a $691K property.
You know 03076 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03076 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 03076 ranks in Manchester-Nashua, NH
Every ZIP in this metro, ranked. Free.
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