Real Estate Investing in Rochester, New Hampshire (03839)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03839 (Rochester, 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.
- Elevated vacancy: 8.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rochester, NH (03839)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03839 Rochester
From an investor standpoint, ZIP 03839 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $428K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 03839 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within NH, ZIP 03839 trails on several market indicators that neighboring Strafford County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Demographically, 03839 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.
Experienced landlords with local relationships tend to find 03839 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 Rochester:
Property Strategy for 03839
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $319,221 | $1,890 | 4.3% | +11.5% | $159,611 |
| 3BR | $434,277 | $2,320 | 3.8% | +9.8% | $144,759 |
| 4BR | $467,485 | $2,530 | 3.9% | +10.2% | $116,871 |
Market Trends
Home Value History (with trend line)
📊 How Does 03839 Compare?
| Metric | 03839 | Rochester | New Hampshire |
|---|---|---|---|
| Home Value | $427,928 | $419,032 | $496,656 |
| 5-Year CAGR | 7.4% | 7.8% | 9.6% |
| Avg Rent | $1,701 | $1,778 | - |
| Cap Rate | 3.1% | 3.3% | - |
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 03839 (Rochester, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $427,928 |
| Monthly Rent | $1,701 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (3.1%). 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 03839
Population: 4,150
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 03839
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
McClelland School
Chamberlain Street School
Rochester Middle School
William Allen School
School Street School
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
What type of investing works in Rochester, NH?
Investors usually favor careful cash-flow rentals with hands-on management in Rochester, NH. With home values at $428K and rents near $1,701/mo, other strategies can work but produce predictable rather than outsized returns.
Is Rochester, NH a good market for FHA house hackers?
Rochester, NH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $428K price point reasonable to enter.
What is the renter demographic in Rochester, NH?
Tenant quality in Rochester, NH ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,701/mo.
Is Rochester, NH landlord-friendly?
NH ranks as a landlord-friendly state for landlord-tenant law. Rochester generally follows the statewide framework, so landlords face reasonable operating rules.
How much is rent in Rochester, NH?
Rents in Rochester, NH run near $1,701/mo. Compared with median home prices of $428K that produces solid gross yields for typical rentals.
You know 03839 now. You don’t know where it ranks.
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How 03839 ranks in Boston-Cambridge-Newton, MA-NH
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