Is Dover, DE a good place to invest in rental property?

Dover, DE has a median modeled monthly cash flow of $-303 and a median cap rate of 5.2%, on a median sold price of $298,250. Prices changed -3.6% year over year.

What is the average cap rate in Dover, DE?

The median cap rate across recently sold homes in Dover, DE is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dover, DE?

The median sold price in Dover, DE is $298,250 (about $176 per square foot).

Investing in Dover, DE Real Estate

A data-driven snapshot of the Dover, DE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$298,250Median sold price

$176Median $/sqft

5.2%Median cap rate

$-303Modeled cash flow / mo

-3.6%Appreciation YoY

5.7Months of supply

257Active listings

542Sold (last 12 mo)

What the Dover numbers say

In Dover, DE, the median home sold for $298,250 (about $176 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-303 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Delaware markets to compare

See Dover cash-flowing listings

CashFlowRE ranks every for-sale home in Dover, DE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Dover deals, or browse the national market data.