Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Springfield, MI
Listed for sale 1 day ago
$ 100,000
ROI
23.1
Cash Flow/m
93- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037
Listed for sale 5 days ago
$ 220,000
ROI
27.6Cash Flow/m
480- 3 Bed
- 2 Bath
- 1064 sft
322 28th St N, Springfield, MI, 49037
$ 135,000
ROI
30.0Cash Flow/m
387- 2 Bed
- 1 Bath
- 672 sft
241 26th St N, Springfield, MI, 49037
$ 140,000
ROI
30.8Cash Flow/m
430- 2 Bed
- 1 Bath
- 816 sft
185 Kirkwood Ave, Springfield, MI, 49037
Why Invest in Springfield, Michigan?
Investing in Springfield, MI properties under $500k offers a unique opportunity in a market with steady appreciation and solid rental yields. This affordable segment attracts diverse renters, contributing to an average rental yield of 7.5%. The average ROI for investors is approximately 8%, with cash flow remaining positive thanks to an average monthly rent near $1,200. Cap rates in this range hover around 6%, indicating a healthy investment climate. With renter-occupied rates above 60%, demand remains strong and stable.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Springfield is approximately 8%, making it a solid investment segment with steady returns.
Find Your Perfect Investment Property in Springfield, Michigan
Explore investment opportunities by strategy, performance, or property type
