Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Springfield, MI
Listed for sale 1 day ago
$ 125,500
ROI
23.3
Cash Flow/m
123- 3 Bed
- 1 Bath
- 1486 sft
549 Avenue A, Springfield, MI, 49037
$ 109,500
ROI
23.3Cash Flow/m
109- 3 Bed
- 1 Bath
- 912 sft
1031 Betterly Rd, Springfield, MI, 49037
$ 139,900
ROI
23.3Cash Flow/m
139- 3 Bed
- 1 Bath
- 1032 sft
228 Kirkwood Ave, Springfield, MI, 49037
$ 100,000
ROI
25.0Cash Flow/m
145- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037
Why Invest in Springfield, Michigan?
Investing in high rental yield properties in Springfield, MI offers attractive returns backed by a strong rental market. The average rental yield here stands at a healthy 9.2%, making it ideal for income-focused investors. With an average ROI of 8.5% and a cap rate of 7.5%, properties generate solid cash flows. Appreciation rates have been steady at around 3.5% annually. The renter-occupied housing remains strong at 65%, reflecting high demand in the area.
8.5%
Avg. ROI
9.2%
Rental Yield
7.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Springfield, MI for high rental yield properties is approximately 9.2%, making it attractive for income investors.
Find Your Perfect Investment Property in Springfield, Michigan
Explore investment opportunities by strategy, performance, or property type
