Real Estate Investing in Lisbon, New Hampshire (03585)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03585 (Lisbon, 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: 23.0% 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 Lisbon, NH (03585)?
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Market Analysis: 03585 Lisbon
On balance, ZIP 03585 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $320K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $320K asset, 03585 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Lisbon have seen price recovery that 03585 has not matched. Grafton County data supports the view that the spread is structural rather than temporary.
Demographically, 03585 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 03585 is an operator game, not a passive one. On the rental side, entry prices of $320K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lisbon:
Property Strategy for 03585
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $212,965 | $1,220 | 4.1% | +14.0% | $212,965 |
| 2BR | $294,736 | $1,600 | 3.9% | +10.8% | $147,368 |
| 3BR | $319,585 | $2,170 | 4.9% | +11.1% | $106,528 |
| 4BR | $313,962 | $2,200 | 5.0% | +10.9% | $78,491 |
Market Trends
Home Value History (with trend line)
📊 How Does 03585 Compare?
| Metric | 03585 | Lisbon | Lebanon, NH-VT | New Hampshire |
|---|---|---|---|---|
| Home Value | $319,685 | $319,685 | N/A | $496,656 |
| 5-Year CAGR | 7.9% | 7.9% | N/A | 9.6% |
| Avg Rent | $1,440 | $1,440 | 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 03585 (Lisbon, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $319,685 |
| Monthly Rent | $1,440 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (3.5%). 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 03585
Population: 2,537
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 03585
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.
Frequently Asked Questions
What is the average monthly rent in Lisbon, NH?
The typical rental in Lisbon, NH commands about $1,440/mo monthly. That rent profile stable cash flow against the $320K purchase basis.
What kind of tenants rent in Lisbon, NH?
The renter base in Lisbon, NH is reasonable for the $1,440/mo price point. Screening well and pricing to market typically yields stable tenants.
What type of investing works in Lisbon, NH?
In Lisbon, NH the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $320K prices and $1,440/mo rents suits that approach.
How viable is house hacking in Lisbon, NH?
Lisbon, NH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $320K price point reasonable to enter.
Are landlord laws favorable in Lisbon, NH?
For rental operators, Lisbon, NH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 03585 now. You don’t know where it ranks.
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How 03585 ranks in Lebanon, NH-VT
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