Real Estate Investing in Rye, New Hampshire (03870)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03870 (Rye, 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: 20.2% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.8 — hard to cash-flow at these prices.
What’s happening in Rye, NH (03870)?
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Market Analysis: 03870 Rye
The 03870 ZIP in Rye, NH is a local-operator market. Outside capital chasing a $1.3M entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.3M asset, 03870 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Rye have seen price recovery that 03870 has not matched. Rockingham County data supports the view that the spread is structural rather than temporary.
Employment concentration in 03870 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 03870 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 Rye:
Property Strategy for 03870
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $550,967 | $1,720 | 2.2% | +9.9% | $550,967 |
| 2BR | $957,793 | $2,250 | 1.7% | +10.5% | $478,897 |
| 3BR | $1,218,572 | $2,760 | 1.6% | +11.2% | $406,191 |
| 4BR | $1,566,224 | $3,020 | 1.4% | +11.3% | $391,556 |
| 5BR | $2,426,446 | — | — | — | $485,289 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03870 Compare?
| Metric | 03870 | Rye | New Hampshire |
|---|---|---|---|
| Home Value | $1,322,118 | $1,322,118 | $496,656 |
| 5-Year CAGR | 8.8% | 8.8% | 9.6% |
| Avg Rent | $3,360 | $3,360 | - |
| Cap Rate | 2.0% | 2.0% | - |
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 03870 (Rye, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,322,118 |
| Monthly Rent | $3,360 |
| Price-to-Rent | 32.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +8.8% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (2.0%). 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 03870
Population: 5,092
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 03870
Schools in This ZIP Code
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
Investor Insight: With 869 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is vacancy a concern in Rye, NH?
Rental vacancy in Rye, NH is elevated. Investors should budget normal turnover but not chronic empty units.
What is the renter demographic in Rye, NH?
Rye, NH offers a steady renter base at the $3,360/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does Rye, NH make sense for an investment property?
With a 3.0/5 investability score, Rye, NH ranks as a solid market for rental property investors. Median prices of $1.3M and rents of $3,360/mo drive the underlying numbers.
Can I house hack in Rye, NH?
Rye, NH is a a tougher market for house hackers. FHA or conventional owner-occupant buyers find the $1.3M price point reasonable to enter.
What monthly rent should investors expect in Rye, NH?
Average rent in Rye, NH is approximately $3,360/mo per month. Against $1.3M home values that yields a reasonable rent-to-price ratio.
You know 03870 now. You don’t know where it ranks.
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