Is North Springfield, VA a good place to invest in rental property?

North Springfield, VA has a median modeled monthly cash flow of $-1,824 and a median cap rate of 3.4%, on a median sold price of $710,000. Prices changed -6.7% year over year.

What is the average cap rate in North Springfield, VA?

The median cap rate across recently sold homes in North Springfield, VA is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Springfield, VA?

The median sold price in North Springfield, VA is $710,000 (about $390 per square foot).

Investing in North Springfield, VA Real Estate

A data-driven snapshot of the North Springfield, VA 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.

$710,000Median sold price

$390Median $/sqft

3.4%Median cap rate

$-1,824Modeled cash flow / mo

-6.7%Appreciation YoY

5.2Months of supply

23Active listings

53Sold (last 12 mo)

What the North Springfield numbers say

In North Springfield, VA, the median home sold for $710,000 (about $390 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,824 of monthly cash flow. Sold prices moved -6.7% over the past year. Inventory sits at about 5.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Virginia markets to compare

See North Springfield cash-flowing listings

CashFlowRE ranks every for-sale home in North Springfield, VA 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 North Springfield deals, or browse the national market data.