Single Family Investment Properties in Springfield, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Single Family Investment Properties for Sale in Springfield, MI

Property at 252 23rd St N, Springfield, MI
$ 209,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign107
  • 3 Bed
  • 2 Bath
  • 1170 sft
252 23rd St N, Springfield, MI, 49037
Property at 16 Oak Grove Rd, Springfield, MI
$ 195,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign151
  • 3 Bed
  • 2 Bath
  • 1415 sft
16 Oak Grove Rd, Springfield, MI, 49037
Property at 30 Avenue B, Springfield, MI
$ 150,000
ROI
31.6ROI percentage
Cash Flow/m
Dollar sign495
  • 3 Bed
  • 1 Bath
  • 864 sft
30 Avenue B, Springfield, MI, 49037
Property at 549 Avenue A, Springfield, MI
$ 125,500
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign131
  • 3 Bed
  • 1 Bath
  • 1486 sft
549 Avenue A, Springfield, MI, 49037

Why Invest in Springfield, Michigan?

Investing in single-family homes in Springfield, MI offers attractive opportunities for steady rental income and appreciation. The local market shows an average rental yield of 7.4%, supported by a renter-occupied rate of 48%. With a cap rate around 6.2%, investors can benefit from moderate cash flow averaging $950 monthly. Economic stability and growing demand for single-family properties make Springfield a strategic choice for real estate investment in Michigan.

8.5%
Avg. ROI
7.4%
Rental Yield
6.2%
Cap Rate
$950/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Springfield predominantly features detached single-family homes built between 1950 and 1990, with a mix of ranch and colonial styles catering to families and professionals.

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