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

Dover, TN has a median modeled monthly cash flow of $-1,235 and a median cap rate of 2.4%, on a median sold price of $260,000. Prices changed +0.6% year over year.

What is the average cap rate in Dover, TN?

The median cap rate across recently sold homes in Dover, TN is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dover, TN?

The median sold price in Dover, TN is $260,000 (about $172 per square foot).

Investing in Dover, TN Real Estate

A data-driven snapshot of the Dover, TN 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.

$260,000Median sold price

$172Median $/sqft

2.4%Median cap rate

$-1,235Modeled cash flow / mo

+0.6%Appreciation YoY

23.9Months of supply

161Active listings

81Sold (last 12 mo)

What the Dover numbers say

In Dover, TN, the median home sold for $260,000 (about $172 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,235 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 23.9 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 Tennessee markets to compare

See Dover cash-flowing listings

CashFlowRE ranks every for-sale home in Dover, TN 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.