Real Estate Investing in Chesterfield, New Hampshire (03462)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03462 (Chesterfield, 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: 32.3% 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 Chesterfield, NH (03462)?
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Market Analysis: 03462 Chesterfield
Not every below-median market is a bargain. Chesterfield's 03462 ZIP shows signals that favor experienced operators who can absorb the risk $481K pricing implies.
The investment case in 03462 is significant only for operators who understand what they are buying. A $481K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NH, ZIP 03462 trails on several market indicators that neighboring Cheshire County submarkets outperform. The gap is real and solid enough to shape underwriting.
A resilient renter share of 11% in 03462 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 03462 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Chesterfield:
Property Strategy for 03462
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $366,094 | $2,030 | 4.0% | +8.8% | $183,047 |
| 3BR | $473,302 | $2,650 | 4.0% | +9.3% | $157,767 |
| 4BR | $570,467 | $2,680 | 3.4% | +9.4% | $142,617 |
Market Trends
Home Value History (with trend line)
📊 How Does 03462 Compare?
| Metric | 03462 | Chesterfield | Keene, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $481,201 | $473,460 | N/A | $496,656 |
| 5-Year CAGR | 6.4% | 6.6% | N/A | 9.6% |
| Avg Rent | $1,827 | $1,683 | N/A | - |
| Cap Rate | 3.0% | 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 03462 (Chesterfield, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $481,201 |
| Monthly Rent | $1,827 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.0%). 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 03462
Population: 1,760
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are home prices like in Chesterfield, NH?
Median home price in Chesterfield, NH is near $481K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
What type of investing works in Chesterfield, NH?
Investors usually favor careful cash-flow rentals with hands-on management in Chesterfield, NH. With home values at $481K and rents near $1,827/mo, other strategies can work but produce even-keeled rather than outsized returns.
How does Chesterfield, NH rate as a rental market?
Chesterfield, NH rates 3.0/5 for investability. With median values at $481K and rents near $1,827/mo, the market offers reasonable fundamentals for rental investors.
Are landlord laws favorable in Chesterfield, NH?
Chesterfield, NH operates under NH law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What kind of tenants rent in Chesterfield, NH?
Tenant quality in Chesterfield, NH ranks as solid. Landlords generally report steady occupancy at market rents of $1,827/mo.
You know 03462 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03462 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 03462 ranks in Keene, NH
Every ZIP in this metro, ranked. Free.
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