Real Estate Investing in Alton, New Hampshire (03810)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03810 (Alton, NH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 63.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 48.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Alton, NH (03810)?
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Market Analysis: 03810 Alton
The 03810 ZIP in Alton, NH is a local-operator market. Outside capital chasing a $697K entry has to pair deep knowledge with the discount.
For an experienced owner, 03810 can be a a viable market for hunting ground — but the discount at $697K reflects genuine risk that outside investors often underestimate.
Regionally, 03810 sits on the difficult end of the NH spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 03810 ZIP's population of 2,269 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategy in 03810 is an operator game, not a passive one. Looking more closely, entry prices of $697K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Alton:
Property Strategy for 03810
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $558,776 | $1,340 | 1.7% | +11.8% | $279,388 |
| 3BR | $758,723 | $1,690 | 1.6% | +12.1% | $252,908 |
| 4BR | $1,011,306 | $2,040 | 1.5% | +12.2% | $252,827 |
Market Trends
Home Value History (with trend line)
📊 How Does 03810 Compare?
| Metric | 03810 | Alton | Laconia, NH | New Hampshire |
|---|---|---|---|---|
| Home Value | $697,145 | $620,513 | N/A | $496,656 |
| 5-Year CAGR | 7.0% | 7.5% | N/A | 9.6% |
| Avg Rent | $1,206 | $1,400 | N/A | - |
| Cap Rate | 1.4% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03810 (Alton, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $697,145 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 48.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.4% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (1.4%). 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 03810
Population: 2,269
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
Which investment style suits Alton, NH?
For Alton, NH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What do landlords charge for rent in Alton, NH?
Average rent in Alton, NH is approximately $1,206/mo per month. Against $697K home values that yields a reasonable rent-to-price ratio.
Do landlords face vacancy issues in Alton, NH?
Vacancy in Alton, NH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,206/mo.
Does house hacking make sense in Alton, NH?
The house hack math a challenging in Alton, NH. Owner-occupant buyers benefit from the $1,206/mo rents and $697K home values.
How strong is the working-renter base in Alton, NH?
Alton, NH draws a consistent base of working renters. Demand at the $1,206/mo rent level is reasonable for standard single-family and small multi rentals.
You know 03810 now. You don’t know where it ranks.
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How 03810 ranks in Laconia, NH
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