Real Estate Investing in Springfield, Virginia (22153)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22153 (Springfield, 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 Springfield, VA (22153)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22153 Springfield
Not every below-median market is a bargain. Springfield's 22153 ZIP sits at signals that favor experienced operators who can absorb the risk $755K pricing implies.
The 22153 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 22153'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.
Demographically, 22153 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Springfield's stable or hybrid ZIPs before stepping into 22153. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Springfield:
Property Strategy for 22153
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $462,184 | $3,060 | 4.8% | +5.0% | $231,092 |
| 3BR | $578,209 | $3,860 | 4.8% | +5.0% | $192,736 |
| 4BR | $835,917 | $4,540 | 3.9% | +5.0% | $208,979 |
| 5BR | $923,976 | — | — | +5.1% | $184,795 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22153 Compare?
| Metric | 22153 | Springfield | Virginia |
|---|---|---|---|
| Home Value | $755,121 | $707,017 | $403,170 |
| 5-Year CAGR | 3.6% | 3.2% | 6.4% |
| Avg Rent | $3,344 | $3,068 | - |
| Cap Rate | 3.5% | 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 22153 (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 | $755,121 |
| Monthly Rent | $3,344 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 22153
Population: 32,656
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 22153
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Cardinal Forest Elementary
Rolling Valley Elementary
West Springfield Elementary
Hunt Valley Elementary
Irving Middle
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
Is Springfield, VA a good market for buy-and-hold investors?
With a 3.0/5 investability score, Springfield, VA ranks as a solid market for rental property investors. Median prices of $755K and rents of $3,344/mo drive the underlying numbers.
How tight is the rental market in Springfield, VA?
Springfield, VA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Where do rents currently stand in Springfield, VA?
Rents in Springfield, VA run near $3,344/mo. Compared with median home prices of $755K that produces solid gross yields for typical rentals.
Is it easy to find good tenants in Springfield, VA?
Working renters make up the core of the Springfield, VA tenant base. The pool is reasonable for investors targeting long-term holds.
What type of investing works in Springfield, VA?
Springfield, VA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($755K prices, $3,344/mo rents) make it a reasonable choice.
You know 22153 now. You don’t know where it ranks.
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How 22153 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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