Real Estate Investing in Wakefield, New Hampshire (03830)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03830 (Wakefield, 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: 51.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 36.3 — 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 Wakefield, NH (03830)?
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Market Analysis: 03830 Wakefield
On the rental side, ZIP 03830 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $530K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 03830 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NH picture, 03830 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 03830 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 03830 is an operator game, not a passive one. From an investor standpoint, entry prices of $530K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Wakefield:
Property Strategy for 03830
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $467,571 | $1,350 | 2.1% | +11.2% | $233,785 |
| 3BR | $518,268 | $1,860 | 2.6% | +10.2% | $172,756 |
Market Trends
Home Value History (with trend line)
📊 How Does 03830 Compare?
| Metric | 03830 | Wakefield | New Hampshire |
|---|---|---|---|
| Home Value | $529,870 | $508,397 | $496,656 |
| 5-Year CAGR | 6.9% | 6.3% | 9.6% |
| Avg Rent | $1,215 | $1,296 | - |
| Cap Rate | 1.8% | 2.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03830 (Wakefield, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $529,870 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 36.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 (1.8%). 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 03830
Population: 1,733
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
Frequently Asked Questions
What kind of market is Wakefield, NH for investors?
Wakefield, NH rates 3.0/5 for investability. With median values at $530K and rents near $1,215/mo, the market offers reasonable fundamentals for rental investors.
What is the best play in Wakefield, NH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wakefield, NH. The numbers - $530K homes against $1,215/mo rents - support that play.
How strong are rents in Wakefield, NH?
Expect rents around $1,215/mo per month in Wakefield, NH. With home values at $530K, the yield math works out to reasonable levels for rental investors.
Do landlords face vacancy issues in Wakefield, NH?
Occupancy in Wakefield, NH runs reliable with elevated vacancy. Well-priced units at $1,215/mo lease on reasonable timelines.
Is Wakefield, NH a good market for FHA house hackers?
The house hack math a challenging in Wakefield, NH. Owner-occupant buyers benefit from the $1,215/mo rents and $530K home values.
You know 03830 now. You don’t know where it ranks.
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