Real Estate Investing in Henniker, New Hampshire (03242)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03242 (Henniker, 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 price-to-rent: Price-to-rent ratio 27.9 — 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 Henniker, NH (03242)?
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Market Analysis: 03242 Henniker
The 03242 ZIP in Henniker, NH is a local-operator market. Outside capital chasing a $506K entry has to pair deep knowledge with the discount.
The 03242 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Turning to rents, 03242 offers a low basis, the region around Henniker has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 03242 ZIP's population of 6,161 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
New investors are better served looking at Henniker's stable or hybrid ZIPs before stepping into 03242. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Henniker:
Property Strategy for 03242
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $397,064 | $1,680 | 3.0% | +10.2% | $198,532 |
| 3BR | $502,211 | $2,220 | 3.2% | +10.2% | $167,404 |
| 4BR | $574,514 | $2,220 | 2.8% | +10.7% | $143,629 |
Market Trends
Home Value History (with trend line)
📊 How Does 03242 Compare?
| Metric | 03242 | Henniker | Concord, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $505,808 | $505,808 | N/A | $496,656 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 9.6% |
| Avg Rent | $1,512 | $1,512 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03242 (Henniker, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $505,808 |
| Monthly Rent | $1,512 |
| Price-to-Rent | 27.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 03242
Population: 6,161
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 03242
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
Frequently Asked Questions
What is the average monthly rent in Henniker, NH?
Investors in Henniker, NH typically see rents near $1,512/mo per month against $506K home values - a solid setup for rental cash flow.
Which investment style suits Henniker, NH?
In Henniker, NH the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $506K prices and $1,512/mo rents suits that approach.
What kind of market is Henniker, NH for investors?
Henniker, NH rates 3.0/5 for investability. With median values at $506K and rents near $1,512/mo, the market offers reasonable fundamentals for rental investors.
Is it easy to find good tenants in Henniker, NH?
Tenant quality in Henniker, NH ranks as solid. Landlords generally report steady occupancy at market rents of $1,512/mo.
Do landlords face vacancy issues in Henniker, NH?
Henniker, NH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
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How 03242 ranks in Concord, NH
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