Real Estate Investing in Washington, New Hampshire (03280)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03280 (Washington, 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.
- High vacancy: 58.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Washington, NH (03280)?
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Market Analysis: 03280 Washington
The 03280 ZIP in Washington, NH is a local-operator market. Outside capital chasing a $394K entry has to pair deep knowledge with the discount.
The 03280 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Washington have seen price recovery that 03280 has not matched. Sullivan County data supports the view that the spread is structural rather than temporary.
Put differently, 1,188 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.
Strategy in 03280 is an operator game, not a passive one. From an investor standpoint, entry prices of $394K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Washington:
Property Strategy for 03280
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $204,870 | $1,510 | 5.3% | +10.3% | $204,870 |
| 2BR | $329,840 | $1,980 | 4.3% | +9.7% | $164,920 |
| 3BR | $415,174 | $2,560 | 4.4% | +10.3% | $138,391 |
| 4BR | $535,679 | $2,940 | 4.0% | +9.9% | $133,920 |
Market Trends
Home Value History (with trend line)
📊 How Does 03280 Compare?
| Metric | 03280 | Washington | Lebanon, NH-VT | New Hampshire |
|---|---|---|---|---|
| Home Value | $393,565 | $393,565 | N/A | $496,656 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 9.6% |
| Avg Rent | $1,782 | $1,782 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03280 (Washington, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $393,565 |
| Monthly Rent | $1,782 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (3.5%). 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 03280
Population: 1,188
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 03280
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
How much is rent in Washington, NH?
Washington, NH rentals go for roughly $1,782/mo a month. That puts gross yield in solid territory relative to $394K acquisition costs.
How landlord-friendly is Washington, NH?
Landlord-friendliness in Washington, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does Washington, NH make sense for an investment property?
The 3.0/5 investability rating in Washington, NH reflects its $394K prices and $1,782/mo rents. Investors generally consider it a solid option within NH.
How qualified is the tenant pool in Washington, NH?
Expect a solid tenant pool in Washington, NH. The rental market absorbs $1,782/mo rents without meaningful friction.
What are vacancy rates like in Washington, NH?
Vacancy in Washington, NH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,782/mo.
You know 03280 now. You don’t know where it ranks.
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How 03280 ranks in Lebanon, NH-VT
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