Real Estate Investing in Troy, New Hampshire (03465)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03465 (Troy, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Troy, NH (03465)?
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Market Analysis: 03465 Troy
The 03465 ZIP in Troy, NH is a local-operator market. Outside capital chasing a $351K entry has to pair deep knowledge with the discount.
The 03465 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In practical terms, 03465 offers a low basis, the region around Troy has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 03465 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 03465 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 Troy:
Property Strategy for 03465
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $277,533 | $1,780 | 4.6% | +10.2% | $138,767 |
| 3BR | $312,766 | $2,330 | 5.4% | +10.3% | $104,255 |
Market Trends
Home Value History (with trend line)
📊 How Does 03465 Compare?
| Metric | 03465 | Troy | Keene, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $351,041 | $351,041 | N/A | $496,656 |
| 5-Year CAGR | 9.2% | 9.2% | N/A | 9.6% |
| Avg Rent | $1,602 | $1,602 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 03465 (Troy, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $351,041 |
| Monthly Rent | $1,602 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +15.5% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +9.2% ▲ |
| 10-Year CAGR | +9.9% ▲ |
🏠 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 (3.6%). 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 03465
Population: 2,034
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 03465
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 deep is the rental pool in Troy, NH?
Troy, NH draws a even-keeled base of working renters. Demand at the $1,602/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Troy, NH?
The landlord environment in Troy, NH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Which investment style suits Troy, NH?
Most investors in Troy, NH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is house hacking profitable in Troy, NH?
The a challenging house-hack environment in Troy, NH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How expensive is real estate in Troy, NH?
In Troy, NH the median home value sits at $351K. Against the broader NH market, that reads as reasonable for most investors.
You know 03465 now. You don’t know where it ranks.
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How 03465 ranks in Keene, NH
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