Rental Properties Make up 1 in 5 Homes in Northern VA

Most homes in Northern VA are owner occupied, but the closer you get to the urban center of Washington DC, the higher the absentee owner to owner occupied ratio. Here’s the nitty gritty on rental homes in Northern Virginia. According to the local tax records, here’s how the rentals stack up.

Fairfax County certainly has the lion’s share of rentals in the region – with 43.8%;

Loudoun County comes in 2nd with 20.7% and Prince William County pulls in 16.8%.

Northern Virginia – the backyard to Washington DC – has nearly 600,000 homes held by individual owners – and 1 in 5 are offered out as rentals. These graphs demonstrate how rentals (absentee owners) stack up to owner occupied homes.

Anthony Carr is a seasoned real estate professional with Anthony Carr Associates LLC, affiliated with RE/MAX West End, a powerful office serving the whole VA|MD|DC market. He has helped sellers, buyers and investors just like you who desire to build their personal wealth through home ownership. Working with Anthony and his team, you'll benefit from the deep experience he has corralled from his diverse career - investor, Realtor, published author, blogger and problem solver. Anthony authored the book “Real Estate Investing Made Simple: A commonsense approach to building wealth”; and was a contributing writer to the book, “The Best Real Estate Advice I Ever Received." He is married to his bride Corinne; father to Andrew, Austin, Rachel and Robyn; and Pop-Pop to three energetic grand kids!

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