Real Estate Investing in Dover, Tennessee (37058)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37058 (Dover, TN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 27.4% 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 Dover, TN (37058)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37058 Dover
ZIP 37058 inside Stewart County looks affordable on the surface — median value of $256K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 37058 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Put differently, 37058 offers a low basis, the region around Dover has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 37058 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 37058 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 37058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $197,521 | $1,040 | 3.8% | +11.5% | $98,760 |
| 3BR | $285,592 | $1,450 | 3.7% | +9.7% | $95,197 |
| 4BR | $374,667 | $1,740 | 3.3% | +9.1% | $93,667 |
Market Trends
Home Value History (with trend line)
📊 How Does 37058 Compare?
| Metric | 37058 | Dover | Clarksville, TN-KY | Tennessee |
|---|---|---|---|---|
| Home Value | $255,931 | $255,931 | N/A | $327,001 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 7.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 37058 (Dover, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $255,931 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.9%). 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 37058
Population: 7,369
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 37058
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.
Frequently Asked Questions
Are eviction rules reasonable in Dover, TN?
For rental operators, Dover, TN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What kind of tenants rent in Dover, TN?
Tenant quality in Dover, TN ranks as solid. Landlords generally report predictable occupancy at market rents of $936/mo.
What is the rental occupancy rate in Dover, TN?
Dover, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the smart move for investors in Dover, TN?
Most investors in Dover, TN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What are home prices like in Dover, TN?
The median home value in Dover, TN is roughly $256K. That puts it reasonable relative to the TN statewide average.
You know 37058 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37058 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 37058 ranks in Clarksville, TN-KY
Every ZIP in this metro, ranked. Free.
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