Real Estate Investing in Wakefield, New Hampshire (03872)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03872 (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: 36.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.5 — 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 (03872)?
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Market Analysis: 03872 Wakefield
The 03872 ZIP covers a section of Wakefield that demands careful diligence. Prices near $487K look accessible, but the work to make a deal cash flow is real.
Rent of $1,377/mo on a $487K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03872 sits below the stated 0.0% once reality is priced in.
Within NH, ZIP 03872 trails on several market indicators that neighboring Carroll County submarkets outperform. The gap is real and durable enough to shape underwriting.
The 03872 ZIP's population of 3,890 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategically, 03872 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Wakefield:
Property Strategy for 03872
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $338,358 | $1,210 | 2.6% | +9.6% | $338,358 |
| 2BR | $431,069 | $1,530 | 2.6% | +9.3% | $215,534 |
| 3BR | $479,534 | $1,950 | 2.9% | +9.5% | $159,845 |
| 4BR | $583,896 | $2,280 | 2.8% | +8.4% | $145,974 |
Market Trends
Home Value History (with trend line)
📊 How Does 03872 Compare?
| Metric | 03872 | Wakefield | New Hampshire |
|---|---|---|---|
| Home Value | $486,923 | $508,397 | $496,656 |
| 5-Year CAGR | 5.8% | 6.3% | 9.6% |
| Avg Rent | $1,377 | $1,296 | - |
| Cap Rate | 2.2% | 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 03872 (Wakefield, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $486,923 |
| Monthly Rent | $1,377 |
| Price-to-Rent | 29.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (2.2%). 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 03872
Population: 3,890
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 03872
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.
Frequently Asked Questions
Is vacancy a concern in Wakefield, NH?
Rental vacancy in Wakefield, NH is elevated. Investors should budget normal turnover but not chronic empty units.
Does Wakefield, NH favor landlords or tenants?
Wakefield, NH operates under NH law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Does a duplex house hack pencil in Wakefield, NH?
The a challenging house-hack environment in Wakefield, NH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are rents high in Wakefield, NH?
Rents in Wakefield, NH run near $1,377/mo. Compared with median home prices of $487K that produces solid gross yields for typical rentals.
How much should I expect to pay for a home in Wakefield, NH?
Expect median prices around $487K in Wakefield, NH. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
You know 03872 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03872 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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