Real Estate Investing in Rochester, New Hampshire (03868)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03868 (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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rochester, NH (03868)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03868 Rochester
ZIP 03868 inside Strafford County looks affordable on the surface — median value of $422K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 03868 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 03868's metrics run below Strafford County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 22% in 03868 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 03868 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Rochester:
Property Strategy for 03868
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $302,098 | $1,770 | 4.2% | +11.8% | $151,049 |
| 3BR | $427,399 | $2,190 | 3.7% | +10.0% | $142,466 |
| 4BR | $448,559 | $2,480 | 4.0% | +10.1% | $112,140 |
Market Trends
Home Value History (with trend line)
📊 How Does 03868 Compare?
| Metric | 03868 | Rochester | New Hampshire |
|---|---|---|---|
| Home Value | $421,969 | $419,032 | $496,656 |
| 5-Year CAGR | 7.9% | 7.8% | 9.6% |
| Avg Rent | $1,593 | $1,778 | - |
| Cap Rate | 2.9% | 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 03868 (Rochester, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $421,969 |
| Monthly Rent | $1,593 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (2.9%). 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 03868
Population: 5,830
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 03868
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
Is vacancy a concern in Rochester, NH?
Rochester, NH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How should investors approach Rochester, NH?
Investors usually favor careful cash-flow rentals with hands-on management in Rochester, NH. With home values at $422K and rents near $1,593/mo, other strategies can work but produce measured rather than outsized returns.
How do landlord-tenant laws work in Rochester, NH?
Landlord-friendliness in Rochester, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does a duplex house hack pencil in Rochester, NH?
House hacking works a challenging in Rochester, NH. Rents of $1,593/mo against $422K acquisition make the strategy solid for owner-occupants.
How does Rochester, NH rate as a rental market?
Our data puts Rochester, NH at 3.0/5 for investability. Home prices of $422K and rents around $1,593/mo create a solid backdrop for investor activity.
You know 03868 now. You don’t know where it ranks.
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How 03868 ranks in Boston-Cambridge-Newton, MA-NH
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