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

West Springfield, VA has a median modeled monthly cash flow of $-1,902 and a median cap rate of 2.8%, on a median sold price of $682,500. Prices changed -1.2% year over year.

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

The median cap rate across recently sold homes in West Springfield, VA is 2.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in West Springfield, VA is $682,500 (about $336 per square foot).

Investing in West Springfield, VA Real Estate

A data-driven snapshot of the West 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.

$682,500Median sold price

$336Median $/sqft

2.8%Median cap rate

$-1,902Modeled cash flow / mo

-1.2%Appreciation YoY

7.3Months of supply

150Active listings

248Sold (last 12 mo)

What the West Springfield numbers say

In West Springfield, VA, the median home sold for $682,500 (about $336 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,902 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 7.3 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 Virginia markets to compare

See West Springfield cash-flowing listings

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