Is Hillsborough County, NH good for real estate investing?

Hillsborough County has an investment score of 55/100, rated as "Hold". The county ranks #665 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Hillsborough?

The rent-to-price ratio in Hillsborough County is 4.90% annually, which ranks in the 21th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Hillsborough?

The median home price in Hillsborough County is $503,490. This ranks #910 in affordability among all US counties.

Can you cash flow on rental properties in Hillsborough?

Based on median values with 20% down at current rates, a typical rental in Hillsborough County would generate negative cash flow of $1,302/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Hillsborough County

New HampshirePopulation: 422,733

/100

Hold

#665 of 1,000 counties

#6 in New Hampshire (10 counties)

Market Snapshot

$503,490

Median Home Price

84% above national median

$2,057/mo

Median Rent

37% above national median

4.90%

Rent-to-Price Ratio

Top 79% nationally

-$1,302

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$503,490

Down Payment (20%)$100,698

Loan Amount$402,792

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,057

Monthly P&I-$2,639

Est. Expenses (35%)-$720

Net Cash Flow-$1,302/mo

3.2%

Cap Rate (all cash)

-13.5%

Cash-on-Cash Return

4.90%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

55/100

Cash Flow(30%)

44/100

Based on 4.90% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

77/100

Based on 2.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

51/100

Price-to-income ratio of 5.3x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Below-average rent-to-price ratio (4.90%)
-Negative cash flow at typical financing (-$1,302/mo)
-Negative leverage (cap rate 3.2% < mortgage rate 6.9%)

Economic Indicators

Population

422,733

Median Income

$95,112

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.3x

Less affordable

Compare to Nearby Counties

County					Verdict
CoosNH	57	$249,984	$1,200	5.76%	Hold	View
MerrimackNH	56	$470,918	$1,942	4.95%	Hold	View
StraffordNH	56	$485,977	$2,078	5.13%	Hold	View
CurrentHillsboroughNH	55	$503,490	$2,057	4.90%	Hold
RockinghamNH	54	$599,250	$2,362	4.73%	Hold	View
SullivanNH	53	$370,796	$1,544	5.00%	Hold	View

The Bottom Line

HoldHillsborough is a neutral market. Consider house hacking or targeting below-market deals.

Hillsborough County in New Hampshire scores 55/100, ranking #665 of 1,000 US counties (top 66%). The 4.90% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-1,302/mo

Cap Rate

3.2%

Cash-on-Cash

-13.5%

Ready to Analyze a Deal in Hillsborough?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$503,490

Down Payment (20%)$100,698

Loan Amount$402,792

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,057

Monthly P&I-$2,639

Est. Expenses (35%)-$720

Net Cash Flow-$1,302/mo

3.2%

Cap Rate (all cash)

-13.5%

Cash-on-Cash Return

4.90%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

55/100

Cash Flow(30%)

44/100

Based on 4.90% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

77/100

Based on 2.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

51/100

Price-to-income ratio of 5.3x. Lower ratios indicate more affordable markets.

County

Verdict

CoosNH

$249,984

$1,200

5.76%

Hold

View

MerrimackNH

$470,918

$1,942

4.95%

Hold

View

StraffordNH

$485,977

$2,078

5.13%

Hold

View

CurrentHillsboroughNH

$503,490

$2,057

4.90%

Hold

RockinghamNH

$599,250

$2,362

4.73%

Hold

View

SullivanNH

$370,796

$1,544

5.00%

Hold

View

The Bottom Line

HoldHillsborough is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-1,302/mo

Cap Rate

3.2%

Cash-on-Cash

-13.5%