Real Estate Investing in Fitzwilliam, New Hampshire (03447)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cheshire County • Population: 2,317 • Data updated: September 2026

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Should you buy in 03447 (Fitzwilliam, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.1% 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 Fitzwilliam, NH (03447)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $411,323
Avg Monthly Rent $1,512
1% Rule ✗ Does Not Meet
Median Income $85,733
% Renters 5.5%

Market Analysis: 03447 Fitzwilliam

ZIP 03447 in Fitzwilliam, NH carries a sturdy set of headwinds. Home values near $411K and rents of $1,512/mo sit inside a market where underwriting has to be tight.

Distressed markets are won on execution, not on spreadsheets. ZIP 03447 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Nearby ZIPs in Fitzwilliam have seen price recovery that 03447 has not matched. Cheshire County data supports the view that the spread is structural rather than temporary.

From an investor standpoint, 2,317 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.

Distressed ZIPs reward experience. healthy returns are possible in 03447, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fitzwilliam:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.8× the median income
Value Trend
Rising (+4.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,512/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Keene, NH Metro Area
Even conditions for buyers and sellers
40 days
Average time to sell
Average
8.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Keene, NH metro data
🏠

Property Strategy for 03447

Which property type performs best in this market?

Best for Cash Flow
3BR
3.7% cap rate
Best for Appreciation
4BR
+12.6% 5yr CAGR
Best Overall Value
4BR
$127,511/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $342,973 $1,680 3.5% +12.0% $171,487
3BR $424,595 $2,200 3.7% +11.9% $141,532
4BR $510,044 $2,220 3.1% +12.6% $127,511

Market Trends

Home Value History (with trend line)

$436K$373K$311K$248K$185K$123KMay 2006Jun 2016Jul 2026

📊 How Does 03447 Compare?

Metric 03447 Fitzwilliam Keene, NH New Hampshire
Home Value $411,323 $411,323 N/A $496,656
5-Year CAGR 8.8% 8.8% N/A 9.6%
Avg Rent $1,512 $1,512 N/A -
Cap Rate 2.9% 2.9% - -
💡 Why Invest in 03447? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03447 (Fitzwilliam, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+8.8%
Strong

📉 Market Crash Risk Index

Based on Keene, NH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
37%
Days Pending
0/2
40 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $411,323
Monthly Rent $1,512
Price-to-Rent 22.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 11.6%

📈 Home Appreciation

1-Year +4.4% ▲
3-Year CAGR +7.2% ▲
5-Year CAGR +8.8% ▲
10-Year CAGR +9.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.

Vacancy
23.1%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+8.8%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03447

Population: 2,317

💰 Median Household Income
$85,733
This area
$85,733
State
$93,430
USA
$74,580
🏠 Renter Occupied
5.5%
This area
5.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.5%
This area
3.5%
State
-6.0%
USA
3.7%
🎓 College Educated
32.7%
This area
32.7%
State
29.2%
USA
33.7%
👤 Median Age
51.6 years
This area
51.6 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
23.1%
This area
23.1%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 96.5%
Other/Mixed 2.9%
Hispanic/Latino 1.2%
Asian 0.6%
👶 Under 18
12.5%
This area
12.5%
USA
22.0%
👴 65 and Over
23.4%
This area
23.4%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

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 03447

A+ Avg School Grade
1 Schools
11.4:1 Avg Class Size
$22,524 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Dr. George S. Emerson Elementary School

📚 Pre-K – 06 School
👥
156 Students
👨‍🏫
11.4:1 Class Size
💰
$22,524 Per Student
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

4 Nearby 1,084 Off-Campus Students
C
Franklin Pierce University
1,637 students · 4.8 mi
C+
Keene State College
2,846 students · 13.3 mi
D
Antioch University-New England
967 students · 14.1 mi
C
Mount Wachusett Community College
3,204 students · 14.2 mi

Investor Insight: With 1,084 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is housing expensive in Fitzwilliam, NH?

Fitzwilliam, NH home values average about $411K. That price point suits investors targeting rentals with $1,512/mo in monthly income.

How much is rent in Fitzwilliam, NH?

Rents in Fitzwilliam, NH run near $1,512/mo. Compared with median home prices of $411K that produces solid gross yields for typical rentals.

Should investors worry about vacancy in Fitzwilliam, NH?

Vacancy in Fitzwilliam, NH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,512/mo.

What type of investing works in Fitzwilliam, NH?

A careful cash-flow rentals with hands-on management strategy Fitzwilliam, NH best. The market produces steady results for that approach at the $411K price point.

What is the typical renter like in Fitzwilliam, NH?

Tenant quality in Fitzwilliam, NH ranks as solid. Landlords generally report predictable occupancy at market rents of $1,512/mo.

You know 03447 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03447 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.

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How 03447 ranks in Keene, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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