Real Estate Investing in Dover, Ohio (44622)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44622 (Dover, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dover, OH (44622)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44622 Dover
ZIP 44622 inside Tuscarawas County looks affordable on the surface — median value of $237K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,044/mo on a $237K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44622 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Dover have seen price recovery that 44622 has not matched. Tuscarawas County data supports the view that the spread is structural rather than temporary.
Demographically, 44622 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Dover:
Property Strategy for 44622
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $175,665 | $1,160 | 4.8% | +7.3% | $87,832 |
| 3BR | $230,704 | $1,490 | 4.7% | +7.4% | $76,901 |
| 4BR | $305,886 | $1,680 | 4.0% | +7.4% | $76,472 |
Market Trends
Home Value History (with trend line)
📊 How Does 44622 Compare?
| Metric | 44622 | Dover | New Philadelphia-Dover, OH | Ohio |
|---|---|---|---|---|
| Home Value | $236,685 | $236,685 | N/A | $237,530 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.4% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 44622 (Dover, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44622 (Dover, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $236,685 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 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 (3.4%). 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 44622
Population: 18,774
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 44622
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 673 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Dover, OH?
Dover, OH rentals go for roughly $1,044/mo a month. That puts gross yield in solid territory relative to $237K acquisition costs.
How high is vacancy risk in Dover, OH?
Dover, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Dover, OH a good market for buy-and-hold investors?
With a 3.0/5 investability score, Dover, OH ranks as a solid market for rental property investors. Median prices of $237K and rents of $1,044/mo drive the underlying numbers.
Is Dover, OH a good market for FHA house hackers?
For house hackers, Dover, OH is a challenging. The $1,044/mo rent on a unit helps defray the mortgage on a $237K property.
Which real estate strategy fits Dover, OH?
In Dover, OH the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $237K prices and $1,044/mo rents suits that approach.
You know 44622 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44622 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 44622 ranks in New Philadelphia-Dover, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44622 (Dover)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44622 (Dover, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.