Real Estate Investing in Dover, Massachusetts (02030)

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

Norfolk County • Population: 5,893 • Data updated: September 2026

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Should you buy in 02030 (Dover, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
2 flags
  • 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)?

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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 $1,798,559
Avg Monthly Rent $3,312
1% Rule ✗ Does Not Meet
Median Income $250,001
% Renters 5.8%

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.

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 Dover:

C Below Average
Buy Confidence Score: 59/100
Affordability
5/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.2× the median income
Value Trend
Rising (+6.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,312/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 02030

Which property type performs best in this market?

Best for Cash Flow
2BR
2.7% cap rate
Best for Appreciation
4BR
+8.2% 5yr CAGR
Best Overall Value
3BR
$423,393/bedroom
📊 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)

$1.9M$1.7M$1.5M$1.3M$1.0M$827KJul 2006Jul 2016Jul 2026

📊 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% -
💡 Why Invest in 02030? Click to expand

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

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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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Property managers serving Norfolk County

Manage rentals here? List your business →

Old Colony Property Services is a condominium and HOA property management company serving the Old Colony area of Southeastern Massachusetts, including Canton, Easton, Brockton, and Bridgewater. summary from their website

HOA
Unclaimed — is this your business? Claim it free

Bellevue Property Management is a home rental and property management company servicing Boston Metrowest, including Newton, Needham, Wellesley, Weston, Wayland, Natick, and Holliston. summary from their website

Unclaimed — is this your business? Claim it free

The Triad Group is a real estate and development company specializing in taking development projects from vision to reality across the United States and globally. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
1.4%
Low
5yr Growth
+6.2%
Strong

📊 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
Negative Leverage — IRR / Tax Play Cap Rate: 1.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
3.5%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.2%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 02030

Population: 5,893

💰 Median Household Income
$250,001
This area
$250,001
State
$107,356
USA
$74,580
🏠 Renter Occupied
5.8%
This area
5.8%
State
28.1%
USA
34.0%
💼 Unemployment Rate
5.8%
This area
5.8%
State
-8.0%
USA
3.7%
🎓 College Educated
87.7%
This area
87.7%
State
32.1%
USA
33.7%
👤 Median Age
46.2 years
This area
46.2 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
3.5%
This area
3.5%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 78.8%
Asian 13.1%
Other/Mixed 6.4%
Hispanic/Latino 3.9%
Black/African American 1.7%
👶 Under 18
26.9%
This area
26.9%
USA
22.0%
👴 65 and Over
19.0%
This area
19.0%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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 02030

A+ Avg School Grade
3 Schools
10.8:1 Avg Class Size
$27,743 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Chickering

📚 Pre-K – 05 Elementary
👥
497 Students
👨‍🏫
11.2:1 Class Size
💰
$29,697 Per Student
A+ Excellent

Dover-Sherborn Regional High

📚 09 – 12 High School
👥
648 Students
👨‍🏫
11.2:1 Class Size
💰
$26,766 Per Student
A+ Excellent
👥
457 Students
👨‍🏫
10.1:1 Class Size
💰
$26,766 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

8 Nearby 1,640 Off-Campus Students
B+
Wellesley College
2,418 students · 4.0 mi
B+
Franklin W Olin College of Engineering
402 students · 4.1 mi
B+
Babson College
3,943 students · 4.3 mi
C
Massachusetts Bay Community College
3,973 students · 5.3 mi
C
William James College
951 students · 5.8 mi
D
FINE Mortuary College
176 students · 6.0 mi
D
Hebrew College
177 students · 7.2 mi
C
Pope St John XXIII National Seminary
42 students · 7.2 mi

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.

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How 02030 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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