Real Estate Investing in Springfield, Virginia (22150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22150 (Springfield, VA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 Springfield, VA (22150)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22150 Springfield
The 22150 ZIP in Springfield, VA is a local-operator market. Outside capital chasing a $671K entry has to pair deep knowledge with the discount.
Stepping back, the numbers look inviting — $671K purchase price, 0.0% nominal cap — the work to hit that pro forma in 22150 is substantial and deserves full respect.
Nearby ZIPs in Springfield have seen price recovery that 22150 has not matched. Fairfax County data supports the view that the spread is structural rather than temporary.
Resident income in 22150 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. resilient returns are possible in 22150, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Springfield:
Property Strategy for 22150
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $510,017 | $2,510 | 3.5% | +5.2% | $255,008 |
| 3BR | $621,853 | $3,170 | 3.7% | +4.5% | $207,284 |
| 4BR | $695,281 | $3,720 | 3.9% | +4.3% | $173,820 |
| 5BR | $781,333 | — | — | +4.2% | $156,267 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22150 Compare?
| Metric | 22150 | Springfield | Virginia |
|---|---|---|---|
| Home Value | $671,021 | $707,017 | $403,170 |
| 5-Year CAGR | 2.9% | 3.2% | 6.4% |
| Avg Rent | $2,538 | $3,068 | - |
| Cap Rate | 3.0% | 3.4% | - |
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 22150 (Springfield, 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 | $671,021 |
| Monthly Rent | $2,538 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 22150
Population: 27,770
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 22150
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
North Springfield Elementary
Cardinal Forest Elementary
Kings Park Elementary
Ravensworth Elementary
Rolling Valley Elementary
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 7,954 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Springfield, VA?
Springfield, VA median home values land near $671K. That is reasonable territory for investors looking at $2,538/mo-per-month rentals.
What kind of tenants rent in Springfield, VA?
Springfield, VA draws a even-keeled base of working renters. Demand at the $2,538/mo rent level is reasonable for standard single-family and small multi rentals.
How do experienced investors play Springfield, VA?
A careful cash-flow rentals with hands-on management strategy Springfield, VA best. The market produces measured results for that approach at the $671K price point.
Is Springfield in VA worth investing in?
Springfield, VA reports an investability rating of 3.0/5, with median home values near $671K and average rents around $2,538/mo. That combination puts it in the healthy tier for investor interest.
What is it like being a landlord in Springfield, VA?
Springfield, VA falls under VA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 22150 now. You don’t know where it ranks.
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How 22150 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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