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REI Lense

Springfield, VA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Springfield, VA. Based on 15+ datapoints.

Springfield, VA Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

2.9%

Avg Cash on Cash

-16.1%

Median Cashflow

-$2,020/mo

Avg Rent Estimate

$3,451/mo

Avg Price

$724,772

Price Range

$588,600 - $879,900

Rent to Price

0.48%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Springfield, VA

Springfield, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.9%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 15+ analyzed properties, the median monthly cashflow in Springfield, VA is -$2,020 with average rents of $3,451/month. Properties range from $588,600 to $879,900, offering entry points across multiple investment budgets.

6900 Spur Rd, Springfield, VA 22153

Price

$838,800

Rent

$3,415

CachFlow

-$2,924

CoC

-19.92

Full Analysis

6800 Ava St, Springfield, VA 22152

Price

$828,300

Rent

$3,823

CachFlow

-$2,378

CoC

-16.41

Full Analysis

8804 Strause Ct, Springfield, VA 22153

Price

$699,900

Rent

$3,200

CachFlow

-$2,066

CoC

-16.87

Full Analysis

6342 Meriwether Ln, Springfield, VA 22150

Price

$879,900

Rent

$3,486

CachFlow

-$2,932

CoC

-19.04

Full Analysis

6106 Clearbrook Dr, Springfield, VA 22150

Price

$668,600

Rent

$3,508

CachFlow

-$1,645

CoC

-14.06

Full Analysis
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Springfield, VA Rental Market Insights

  • Median cashflow is -$2,020/month — careful deal selection is essential here
  • 2.9% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Springfield, VA requires selective property picks
  • Premium market with properties from $588,600 to $879,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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