Real Estate Investing in Rochester, New Hampshire (03867)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03867 (Rochester, NH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Rochester, NH (03867)?
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Market Analysis: 03867 Rochester
The 03867 ZIP covers a section of Rochester that demands careful diligence. Prices near $407K look accessible, but the work to make a deal cash flow is real.
The investment case in 03867 is robust only for operators who understand what they are buying. A $407K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NH picture, 03867 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Meanwhile, 22,886 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 03867 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 03867
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $301,399 | $1,840 | 4.4% | +11.9% | $150,700 |
| 3BR | $415,798 | $2,260 | 3.9% | +10.2% | $138,599 |
| 4BR | $438,854 | $2,480 | 4.1% | +10.3% | $109,713 |
| 5BR | $495,555 | — | — | +10.1% | $99,111 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03867 Compare?
| Metric | 03867 | Rochester | New Hampshire |
|---|---|---|---|
| Home Value | $407,200 | $419,032 | $496,656 |
| 5-Year CAGR | 8.1% | 7.8% | 9.6% |
| Avg Rent | $2,041 | $1,778 | - |
| Cap Rate | 3.9% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03867 (Rochester, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $407,200 |
| Monthly Rent | $2,041 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 03867
Population: 22,886
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 03867
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
East Rochester School
Gonic 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
Is NH a landlord-friendly state?
Landlord-friendliness in Rochester, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Rochester, NH better for rentals, flips, or BRRRR?
Rochester, NH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($407K prices, $2,041/mo rents) make it a reasonable choice.
What is the average home sale price in Rochester, NH?
Expect median prices around $407K in Rochester, NH. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Does house hacking make sense in Rochester, NH?
House hacking in Rochester, NH is reasonable to execute. Prices around $407K and rents of $2,041/mo solid owner-occupant economics.
What do landlords charge for rent in Rochester, NH?
Expect rents around $2,041/mo per month in Rochester, NH. With home values at $407K, the yield math works out to reasonable levels for rental investors.
You know 03867 now. You don’t know where it ranks.
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How 03867 ranks in Boston-Cambridge-Newton, MA-NH
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