Real Estate Investing in Centreville, Virginia (20120)
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Should you buy in 20120 (Centreville, VA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Centreville, VA (20120)?
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Market Analysis: 20120 Centreville
Not every below-median market is a bargain. Centreville's 20120 ZIP sits at signals that favor experienced operators who can absorb the risk $699K pricing implies.
Meanwhile, the numbers look inviting — $699K purchase price, 0.0% nominal cap — the work to hit that pro forma in 20120 is substantial and deserves full respect.
ZIP 20120's metrics run below Fairfax County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 20120 includes headwinds that any investor should price in. Income distribution skews lower than Centreville averages, and tenant stability requires active management.
New investors are better served looking at Centreville's stable or hybrid ZIPs before stepping into 20120. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Centreville:
Property Strategy for 20120
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $308,949 | $2,190 | 5.1% | +5.5% | $308,949 |
| 2BR | $415,433 | $2,440 | 4.2% | +5.7% | $207,716 |
| 3BR | $574,539 | $3,080 | 3.9% | +5.9% | $191,513 |
| 4BR | $838,128 | $3,620 | 3.1% | +5.6% | $209,532 |
| 5BR | $1,049,810 | — | — | +6.1% | $209,962 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 20120 Compare?
| Metric | 20120 | Centreville | Virginia |
|---|---|---|---|
| Home Value | $698,800 | $631,512 | $403,170 |
| 5-Year CAGR | 4.0% | 4.1% | 6.4% |
| Avg Rent | $2,421 | $2,424 | - |
| Cap Rate | 2.7% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20120 (Centreville, VA). Anonymous, moderated, never written by AI.
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Property managers serving Fairfax County
Manage rentals here? List your business →CAMP provides HOA community management services for condos and co-ops in VA, MD, and DC. summary from their website
Chambers Theory provides residential and commercial property management services in Northern Virginia, DC, and MD, with customized plans and guarantees. summary from their website
HomeRiver Group offers property management, brokerage, rehab and construction, leasing, renewals, and maintenance services for single-family and multi-family homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $698,800 |
| Monthly Rent | $2,421 |
| Price-to-Rent | 24.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 20120
Population: 42,917
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 20120
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bull Run Early Childhood Resource Center
Centre Ridge Elementary
Bull Run Elementary
Centreville Elementary
Mountain View High
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,004 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Centreville, VA a good place for real estate investing?
Centreville, VA rates 3.0/5 for investability. With median values at $699K and rents near $2,421/mo, the market offers reasonable fundamentals for rental investors.
What approach is best for Centreville, VA real estate?
In Centreville, VA the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $699K prices and $2,421/mo rents suits that approach.
What do landlords charge for rent in Centreville, VA?
Average rent in Centreville, VA is approximately $2,421/mo per month. Against $699K home values that yields a reasonable rent-to-price ratio.
What kind of vacancy should I budget for in Centreville, VA?
Vacancy risk in Centreville, VA is elevated. That supports predictable cash flow for typical rental holds.
Is Centreville, VA suited for a house hack?
Centreville, VA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $699K price point reasonable to enter.
You know 20120 now. You don’t know where it ranks.
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How 20120 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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