Real Estate Investing in Dover, Florida (33527)

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

Hillsborough County • Population: 16,412 • Data updated: September 2026

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Should you buy in 33527 (Dover, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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 price-to-rent: Price-to-rent ratio 32.7 — 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, FL (33527)?

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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 $444,748
Avg Monthly Rent $1,134
1% Rule ✗ Does Not Meet
Median Income $68,713
% Renters 26.6%

Market Analysis: 33527 Dover

The 33527 ZIP covers a section of Dover that demands careful diligence. Prices near $445K look accessible, but the work to make a deal cash flow is real.

The 33527 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader FL picture, 33527 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 33527 includes headwinds that any investor should price in. Income distribution skews lower than Dover averages, and tenant stability requires active management.

Distressed ZIPs reward experience. notable returns are possible in 33527, but they flow to investors who already understand how to operate in soft markets.

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+ Average
Buy Confidence Score: 63/100
Affordability
5/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.5× the median income
Value Trend
Stable (+1.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,134/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Tampa-St. Petersburg-Clearwater, FL Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
10.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tampa-St. Petersburg-Clearwater, FL metro data
🏠

Property Strategy for 33527

Which property type performs best in this market?

Best for Cash Flow
1BR
4.3% cap rate
Best for Appreciation
5BR
+8.9% 5yr CAGR
Best Overall Value
5BR
$116,593/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $178,774 $1,080 4.3% +5.2% $178,774
2BR $261,987 $1,260 3.5% +8.2% $130,993
3BR $397,162 $1,610 2.9% +8.4% $132,387
4BR $519,714 $1,960 2.7% +8.8% $129,929
5BR $582,966 +8.9% $116,593

Market Trends

Home Value History (with trend line)

$474K$405K$337K$269K$201K$132KJul 2006Jul 2016Jul 2026

📊 How Does 33527 Compare?

Metric 33527 Dover Tampa-St. Petersburg-Clearwater, FL Florida
Home Value $444,748 $444,748 N/A $374,697
5-Year CAGR 5.2% 5.2% N/A 7.4%
Avg Rent $1,134 $1,134 N/A -
Cap Rate 2.0% 2.0% - -
💡 Why Invest in 33527? 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 33527 (Dover, FL). Anonymous, moderated, never written by AI.

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Property managers serving Hillsborough County

Manage rentals here? List your business →

Dennis Property Management offers rental agency and management services in the Tampa Bay area, including multi-family management, investor packages, and resources for homeowners and tenants. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

Gain Property Group offers commercial real estate brokerage, property and asset management, and investment opportunities. summary from their website

Commercial
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Ocean Blue Property Management offers residential, multi-family, commercial, and vacation property management services in Tampa Bay and Fort Myers. summary from their website

Single-familySmall multifamilyCommercialShort-term rentals
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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
2.0%
Low
5yr Growth
+5.2%
Moderate

📊 Market Snapshot

Home Value $444,748
Monthly Rent $1,134
Price-to-Rent 32.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.1%
Cap Rate 2.0%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +1.1% ▲
3-Year CAGR +0.4% ▲
5-Year CAGR +5.2% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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
6.0%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 33527

Population: 16,412

💰 Median Household Income
$68,713
This area
$68,713
State
$70,737
USA
$74,580
🏠 Renter Occupied
26.6%
This area
26.6%
State
29.9%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-18.0%
USA
3.7%
🎓 College Educated
19.6%
This area
19.6%
State
4.7%
USA
33.7%
👤 Median Age
38.4 years
This area
38.4 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
6.0%
This area
6.0%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 66.5%
Other/Mixed 23.9%
Hispanic/Latino 21.8%
Black/African American 8.1%
Asian 1.6%
👶 Under 18
22.1%
This area
22.1%
USA
22.0%
👴 65 and Over
13.2%
This area
13.2%
USA
17.3%
📊 Poverty Rate
15.8%
This area
15.8%
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 33527

C+ Avg School Grade
6 Schools
15.9:1 Avg Class Size
$11,744 Avg Per Pupil

Schools in This ZIP Code

B Good

BAILEY ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
760 Students
👨‍🏫
16.9:1 Class Size
💰
$11,744 Per Student
B Good

DOVER ELEMENTARY

📚 Pre-K – 05 Elementary
👥
550 Students
👨‍🏫
15.3:1 Class Size
💰
$11,744 Per Student
B Good

NELSON ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
683 Students
👨‍🏫
15.9:1 Class Size
💰
$11,744 Per Student
B Good

WILLIS PETERS EXCEPTIONAL CENTER

📚 Pre-K – 12 K-12
👥
55 Students
👨‍🏫
3.9:1 Class Size
💰
$11,744 Per Student
C+ Average

INDEPENDENCE ACADEMY

📚 K – 08 School Charter
👥
907 Students
👨‍🏫
19.7:1 Class Size
💰
$11,744 Per Student
C Below Average

STRAWBERRY CREST HIGH SCHOOL

📚 09 – 12 High School
👥
2,531 Students
👨‍🏫
23.8:1 Class Size
💰
$11,744 Per Student

Nearby Schools (2 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

VALRICO ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 609 S MILLER RD, VALRICO
👥
742 Students
👨‍🏫
14.6:1 Class Size
💰
$11,744 Per Student
B Good

BUCKHORN ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 2420 BUCKHORN SCHOOL CT, VALRICO
👥
686 Students
👨‍🏫
15.1:1 Class Size
💰
$11,744 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 5,780 Off-Campus Students
C
Aparicio-Levy Technical College
310 students · 7.3 mi
D
Herzing University-Tampa
237 students · 7.4 mi
D
Florida Career College-Tampa
159 students · 7.5 mi
D
Empire Beauty School-Tampa
93 students · 7.9 mi
D
Strayer University-Florida
1,512 students · 9.0 mi
C+
Florida College
657 students · 11.1 mi
C
Artistic Nails and Beauty Academy-Tampa
299 students · 11.7 mi
B+
University of South Florida
48,572 students · 13.5 mi

Investor Insight: With 5,780 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is housing expensive in Dover, FL?

Dover, FL home values average about $445K. That price point suits investors targeting rentals with $1,134/mo in monthly income.

How landlord-friendly is Dover, FL?

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

What is the renter demographic in Dover, FL?

Dover, FL offers a reliable renter base at the $1,134/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is Dover, FL suited for a house hack?

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

Are there empty rentals in Dover, FL?

Dover, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.

You know 33527 now. You don’t know where it ranks.

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How 33527 ranks in Tampa-St. Petersburg-Clearwater, FL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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