Real Estate Investing in Middleton, New Hampshire (03887)

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

Strafford County • Population: 2,007 • Data updated: September 2026

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Should you buy in 03887 (Middleton, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • High vacancy: 22.3% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Middleton, NH (03887)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $428,163
Avg Monthly Rent $1,917
1% Rule ✗ Does Not Meet
Median Income $92,750
% Renters 5.0%

Market Analysis: 03887 Middleton

Investors eyeing 03887 need to respect the fundamentals at play. Home values of $428K come alongside slower price movement and elevated management overhead.

The 03887 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 03887 among NH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 03887 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

New investors are better served looking at Middleton's stable or hybrid ZIPs before stepping into 03887. The learning curve here is expensive when the lesson is wrong.

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 Middleton:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Rising (+3.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,917/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 03887

Which property type performs best in this market?

Best for Cash Flow
3BR
4.3% cap rate
Best for Appreciation
2BR
+11.7% 5yr CAGR
Best Overall Value
4BR
$125,653/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $368,958 $2,130 4.2% +11.7% $184,479
3BR $440,583 $2,620 4.3% +11.3% $146,861
4BR $502,612 $2,860 4.1% +11.2% $125,653

Market Trends

Home Value History (with trend line)

$457K$387K$316K$246K$175K$105KJul 2006Jul 2016Jul 2026

📊 How Does 03887 Compare?

Metric 03887 Middleton New Hampshire
Home Value $428,163 $428,163 $496,656
5-Year CAGR 8.3% 8.3% 9.6%
Avg Rent $1,917 $1,917 -
Cap Rate 3.5% 3.5% -
💡 Why Invest in 03887? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 03887 (Middleton, NH). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 03887 (Middleton, NH)?

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Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+8.3%
Strong

📊 Market Snapshot

Home Value $428,163
Monthly Rent $1,917
Price-to-Rent 18.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.4%
Cap Rate 3.5%
5-Year IRR 11.8%

📈 Home Appreciation

1-Year +3.8% ▲
3-Year CAGR +6.1% ▲
5-Year CAGR +8.3% ▲
10-Year CAGR +9.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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
22.3%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+8.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03887

Population: 2,007

💰 Median Household Income
$92,750
This area
$92,750
State
$93,430
USA
$74,580
🏠 Renter Occupied
5.0%
This area
5.0%
State
18.9%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-6.0%
USA
3.7%
🎓 College Educated
16.4%
This area
16.4%
State
29.2%
USA
33.7%
👤 Median Age
38.7 years
This area
38.7 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
22.3%
This area
22.3%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 91.8%
Other/Mixed 6.1%
Hispanic/Latino 1.4%
Black/African American 1.3%
Asian 0.9%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
13.7%
This area
13.7%
USA
17.3%
📊 Poverty Rate
4.4%
This area
4.4%
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 03887

B Avg School Grade
1 Schools
10.9:1 Avg Class Size

Schools in This ZIP Code

B Good

Middleton Elementary School

📚 Pre-K – 06 School
👥
152 Students
👨‍🏫
10.9:1 Class Size
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

How much rent can I charge in Middleton, NH?

Middleton, NH rentals go for roughly $1,917/mo a month. That puts gross yield in solid territory relative to $428K acquisition costs.

How do experienced investors play Middleton, NH?

The best-fit strategy in Middleton, NH is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How strong is Middleton, NH for real estate investors?

Middleton, NH scores 3.0/5 for investability. Home values sit at $428K and rents near $1,917/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What kind of tenants rent in Middleton, NH?

Middleton, NH offers a steady renter base at the $1,917/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is rental property easy to operate in Middleton, NH?

Landlord-friendliness in Middleton, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 03887 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03887 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 03887 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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