Real Estate Investing in Sandown, New Hampshire (03873)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Rockingham County • Population: 6,590 • Data updated: September 2026

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Should you buy in 03873 (Sandown, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

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 Sandown, NH (03873)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $572,345
Avg Monthly Rent $2,403
1% Rule ✗ Does Not Meet
Median Income $125,888
% Renters 15.5%

Market Analysis: 03873 Sandown

ZIP 03873 inside Rockingham County looks affordable on the surface — median value of $572K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 03873 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 03873 and stronger Sandown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The demographic picture in 03873 includes headwinds that any investor should price in. Income distribution skews lower than Sandown averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 03873 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Sandown:

B Good
Buy Confidence Score: 72/100
Affordability
15/25
Appreciation
25/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,403/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 03873

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
4BR
+10.5% 5yr CAGR
Best Overall Value
4BR
$169,489/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $440,259 $2,670 4.4% +9.4% $220,129
3BR $569,838 $3,200 4.0% +10.0% $189,946
4BR $677,957 $3,540 3.8% +10.5% $169,489

Market Trends

Home Value History (with trend line)

$603K$517K$431K$345K$259K$173KJul 2006Jul 2016Jul 2026

📊 How Does 03873 Compare?

Metric 03873 Sandown New Hampshire
Home Value $572,345 $572,345 $496,656
5-Year CAGR 7.3% 7.3% 9.6%
Avg Rent $2,403 $2,403 -
Cap Rate 3.3% 3.3% -
💡 Why Invest in 03873? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03873 (Sandown, NH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+7.3%
Strong

📊 Market Snapshot

Home Value $572,345
Monthly Rent $2,403
Price-to-Rent 19.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.0%
Cap Rate 3.3%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +6.5% ▲
5-Year CAGR +7.3% ▲
10-Year CAGR +8.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
3.0%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03873

Population: 6,590

💰 Median Household Income
$125,888
This area
$125,888
State
$93,430
USA
$74,580
🏠 Renter Occupied
15.5%
This area
15.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-6.0%
USA
3.7%
🎓 College Educated
29.7%
This area
29.7%
State
29.2%
USA
33.7%
👤 Median Age
38.8 years
This area
38.8 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.0%
This area
3.0%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 96.0%
Other/Mixed 3.5%
Hispanic/Latino 2.6%
Black/African American 0.6%
👶 Under 18
23.6%
This area
23.6%
USA
22.0%
👴 65 and Over
11.3%
This area
11.3%
USA
17.3%
📊 Poverty Rate
11.1%
This area
11.1%
USA
11.5%

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 03873

A+ Avg School Grade
2 Schools
13.0:1 Avg Class Size
$21,631 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Sandown North Elementary School

📚 01 – 05 Elementary
👥
323 Students
👨‍🏫
10.8:1 Class Size
💰
$21,631 Per Student
A Very Good

Sandown Central School

📚 Pre-K – K Elementary
👥
137 Students
👨‍🏫
15.2:1 Class Size
💰
$21,631 Per Student
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

5 Nearby 1,392 Off-Campus Students
C
Northern Essex Community College
4,510 students · 11.6 mi
C
Northpoint Bible College
128 students · 12.7 mi
C
New England Tractor Trailer Training School of Massachusetts
527 students · 14.4 mi
C+
University of New Hampshire at Manchester
748 students · 14.9 mi
D
University of New Hampshire College of Professional Studies Online
1,326 students · 14.9 mi

Investor Insight: With 1,392 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What strategy should investors use in Sandown, NH?

A careful cash-flow rentals with hands-on management strategy Sandown, NH best. The market produces consistent results for that approach at the $572K price point.

How deep is the rental pool in Sandown, NH?

Expect a solid tenant pool in Sandown, NH. The rental market absorbs $2,403/mo rents without meaningful friction.

Does a duplex house hack pencil in Sandown, NH?

The a challenging house-hack environment in Sandown, NH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Sandown, NH a good market for buy-and-hold investors?

Investors tracking Sandown, NH will find a 3.0/5 rating supported by $572K median home values and $2,403/mo rents. That profile suits long-term holders targeting even-keeled returns.

Where do home prices stand in Sandown, NH?

Sandown, NH home values average about $572K. That price point suits investors targeting rentals with $2,403/mo in monthly income.

You know 03873 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03873 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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How 03873 ranks in Boston-Cambridge-Newton, MA-NH

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Cash Flow → Appreciation → Affordable →
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