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

West Springfield, VA has a median modeled monthly cash flow of $-1,784 and a median cap rate of 3.0%, on a median sold price of $687,000. Prices changed -0.6% 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 3.0%, 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 $687,000 (about $337 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.

$687,000Median sold price

$337Median $/sqft

3.0%Median cap rate

$-1,784Modeled cash flow / mo

-0.6%Appreciation YoY

4.6Months of supply

98Active listings

253Sold (last 12 mo)

What the West Springfield numbers say

In West Springfield, VA, the median home sold for $687,000 (about $337 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,784 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 4.6 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 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.