Real Estate Investing in Dover, Massachusetts (02030)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02030 (Dover, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 45.3 — 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 Dover, MA (02030)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02030 Dover
Looking more closely, ZIP 02030 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.8M median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.8M asset, 02030 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within MA, ZIP 02030 trails on several market indicators that neighboring Norfolk County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Who lives in 02030 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 02030 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Dover:
Property Strategy for 02030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $969,135 | $3,680 | 2.7% | +6.3% | $484,568 |
| 3BR | $1,270,178 | $4,410 | 2.5% | +7.7% | $423,393 |
| 4BR | $1,704,675 | $4,870 | 2.1% | +8.2% | $426,169 |
| 5BR | $2,534,045 | — | — | +7.7% | $506,809 |
Market Trends
Home Value History (with trend line)
📊 How Does 02030 Compare?
| Metric | 02030 | Dover | Massachusetts |
|---|---|---|---|
| Home Value | $1,798,559 | $1,798,559 | $645,115 |
| 5-Year CAGR | 6.2% | 6.2% | 7.0% |
| Avg Rent | $3,312 | $3,312 | - |
| Cap Rate | 1.4% | 1.4% | - |
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 02030 (Dover, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,798,559 |
| Monthly Rent | $3,312 |
| Price-to-Rent | 45.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (1.4%). 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 02030
Population: 5,893
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 02030
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 1,640 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Dover, MA favor landlords or tenants?
Dover, MA operates under MA law, which is tenant-protective overall for landlords. Expect predictable treatment in typical lease and eviction cases.
What is the tenant pool like in Dover, MA?
The tenant pool in Dover, MA is solid, supported by local employment and population fundamentals. Rents of $3,312/mo are well-absorbed by the market.
What kind of vacancy should I budget for in Dover, MA?
Dover, MA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Dover, MA a good market for FHA house hackers?
Dover, MA offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $3,312/mo rent level.
What are home prices like in Dover, MA?
The median home value in Dover, MA is roughly $1.8M. That puts it reasonable relative to the MA statewide average.
You know 02030 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02030 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.
How 02030 ranks in Boston-Cambridge-Newton, MA-NH
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