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

Dover Plains, NY has a median modeled monthly cash flow of $-729 and a median cap rate of 3.5%, on a median sold price of $337,500. Prices changed +9.8% year over year.

What is the average cap rate in Dover Plains, NY?

The median cap rate across recently sold homes in Dover Plains, NY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dover Plains, NY?

The median sold price in Dover Plains, NY is $337,500 (about $230 per square foot).

Investing in Dover Plains, NY Real Estate

A data-driven snapshot of the Dover Plains, NY 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.

$337,500Median sold price

$230Median $/sqft

3.5%Median cap rate

$-729Modeled cash flow / mo

+9.8%Appreciation YoY

17.2Months of supply

43Active listings

30Sold (last 12 mo)

What the Dover Plains numbers say

In Dover Plains, NY, the median home sold for $337,500 (about $230 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-729 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 17.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Dover Plains cash-flowing listings

CashFlowRE ranks every for-sale home in Dover Plains, NY 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 Plains deals, or browse the national market data.