Real Estate Investing in Newport, New Hampshire (03773)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03773 (Newport, 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: 21.0% of homes vacant — above national norms.
What’s happening in Newport, NH (03773)?
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Market Analysis: 03773 Newport
ZIP 03773 in Newport, NH carries a sturdy set of headwinds. Home values near $354K and rents of $1,575/mo sit inside a market where underwriting has to be tight.
Rent of $1,575/mo on a $354K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03773 sits below the stated 0.0% once reality is priced in.
From an investor standpoint, 03773 offers a low basis, the region around Newport has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 03773 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Newport:
Property Strategy for 03773
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $240,400 | $1,470 | 4.4% | +11.4% | $240,400 |
| 2BR | $285,406 | $1,930 | 4.9% | +12.0% | $142,703 |
| 3BR | $353,839 | $2,670 | 5.4% | +12.0% | $117,946 |
| 4BR | $383,082 | $2,980 | 5.6% | +12.1% | $95,770 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03773 Compare?
| Metric | 03773 | Newport | Lebanon, NH-VT | New Hampshire |
|---|---|---|---|---|
| Home Value | $353,510 | $353,510 | N/A | $496,656 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 9.6% |
| Avg Rent | $1,575 | $1,575 | 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 03773 (Newport, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $353,510 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 03773
Population: 7,905
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 03773
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
Is Newport, NH a good market for FHA house hackers?
The house hack math a challenging in Newport, NH. Owner-occupant buyers benefit from the $1,575/mo rents and $354K home values.
Does Newport, NH make sense for an investment property?
Newport, NH registers an investability rating of 3.0/5, with median home values near $354K and average rents around $1,575/mo. That combination puts it in the solid tier for investor interest.
How strong is the working-renter base in Newport, NH?
Tenant quality in Newport, NH ranks as solid. Landlords generally report steady occupancy at market rents of $1,575/mo.
How landlord-friendly is Newport, NH?
NH law landlord-friendly for landlords, and Newport inherits those rules. Investors should still review local ordinances for rental licensing.
How expensive is real estate in Newport, NH?
In Newport, NH the median home value sits at $354K. Against the broader NH market, that reads as reasonable for most investors.
You know 03773 now. You don’t know where it ranks.
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How 03773 ranks in Lebanon, NH-VT
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Community Ratings
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