Real Estate Investment Properties for Sale in Springfield, MI

Looking for investment property in Springfield, MI with high ROI ?

Explore a variety of short-term homes & houses in Springfield, MI. Invest wisely with VRBO & Springfield, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Springfield, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1131 Frisbie Boulevard Springfield, MI Welcome to this beautifully maintained 3-bedroom, 1-bath ranch in Springfield! This home f...	3 beds \| 1 baths \| 1,054 sq.ft.	$173,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 6.53% Airbnb Rental Income: $867 Traditional Rental Income: $1626 Airbnb ROI: -0.1% Traditional ROI: 6.53%
155 Kirkwood Avenue Springfield, MI Completely rehabbed three bedroom one bath home located in the heart of Springfield! Brand...	3 beds \| 1 baths \| 896 sq.ft.	$159,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 7.55% Airbnb Rental Income: $867 Traditional Rental Income: $1522 Airbnb ROI: 1.07% Traditional ROI: 7.55%
396 & 398 N 20th Street Springfield, MI OPPORTUNITY! Check out this commercial business and or private residence combo! Listing in...	2 beds \| 2 baths \| 992 sq.ft.	$350,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.4% Airbnb Rental Income: $1542 Traditional Rental Income: $1702 Airbnb ROI: 1.56% Traditional ROI: 3.4%
248 N 23rd Street Springfield, MI Move-in ready and full of value! Step inside to find a bright, freshly updated interior fe...	3 beds \| 1 baths \| 1,345 sq.ft.	$195,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 5.35% Airbnb Rental Income: $867 Traditional Rental Income: $1647 Airbnb ROI: -0.66% Traditional ROI: 5.35%
294 N 20th Street Springfield, MI Welcome BUYERS to a sweet move-in-ready Bungalow in Springfield. The home has been in the ...	2 beds \| 1 baths \| 920 sq.ft.	$135,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 8.4% Airbnb Rental Income: $1542 Traditional Rental Income: $1455 Airbnb ROI: 5.63% Traditional ROI: 8.4%
252 23rd Street N Springfield, MI Located in the city of Springfield and a piece of Paradise is this 3 bedroom , 1,5 bathroo...	3 beds \| 2 baths \| 1,370 sq.ft.	$164,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 8.88% Airbnb Rental Income: $867 Traditional Rental Income: $1853 Airbnb ROI: 0.49% Traditional ROI: 8.88%
690 Upton Avenue Springfield, MI FALL IN LOVE with this beautifully remodeled 1,769 sq. ft. home in Springfield City! Featu...	4 beds \| 2 baths \| 1,769 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $2402 Airbnb ROI: N/A Traditional ROI: 7.8%
19 N 24th Court Springfield, MI FALL IN LOVE with this wonderful 942 sq. ft. home in Springfield City. Featuring 4 bedroom...	4 beds \| 1 baths \| 1,622 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.62% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A Traditional ROI: 9.62%
114 Wellworth Avenue Springfield, MI	3 beds \| 2 baths \| 988 sq.ft.	$139,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 10.7% Airbnb Rental Income: $867 Traditional Rental Income: $1797 Airbnb ROI: 1.29% Traditional ROI: 10.7%
531 Avenue A Springfield, MI Welcome to this delightful 3-bedroom, 1-bath bungalow nestled on almost half an acre in th...	3 beds \| 1 baths \| 1,000 sq.ft.	$165,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 7.51% Airbnb Rental Income: $867 Traditional Rental Income: $1503 Airbnb ROI: 1.35% Traditional ROI: 7.51%

Real Estate investment in Springfield, MI

There are 10 properties for sale in the city of Springfield . The median list price in Springfield is $164,950 and the average price per square foot is $138. In December 2025, the average monthly cash on cash return in Springfield is 8.00%. The average monthly rental income in Springfield is $1,675.

Springfield, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 10 investment properties available for sale in Springfield.

In 2025, the best neighborhood to buy investment property is Springfield.

The ROI for Long-Term is higher than the Short-Term in Springfield with average rental income of $1,675.

Your search for investment property begins and ends here

Investment Property for Sale in Springfield, MI

1131 Frisbie Boulevard

Springfield, MI

3 beds | 1 baths | 1,054 sq.ft.

$173,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 6.53%

Airbnb Rental Income: $867

Traditional Rental Income: $1626

Airbnb ROI: -0.1%

Traditional ROI: 6.53%

155 Kirkwood Avenue

Springfield, MI

3 beds | 1 baths | 896 sq.ft.

$159,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $867

Traditional Rental Income: $1522

Airbnb ROI: 1.07%

Traditional ROI: 7.55%

396 & 398 N 20th Street

Springfield, MI

2 beds | 2 baths | 992 sq.ft.

$350,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1542

Traditional Rental Income: $1702

Airbnb ROI: 1.56%

Traditional ROI: 3.4%

248 N 23rd Street

Springfield, MI

3 beds | 1 baths | 1,345 sq.ft.

$195,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $867

Traditional Rental Income: $1647

Airbnb ROI: -0.66%

Traditional ROI: 5.35%

294 N 20th Street

Springfield, MI

2 beds | 1 baths | 920 sq.ft.

$135,000

Airbnb cash on cash: 5.63%

Traditional cash on cash: 8.4%

Airbnb Rental Income: $1542

Traditional Rental Income: $1455

Airbnb ROI: 5.63%

Traditional ROI: 8.4%

252 23rd Street N

Springfield, MI

3 beds | 2 baths | 1,370 sq.ft.

$164,900

Airbnb cash on cash: 0.49%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $867

Traditional Rental Income: $1853

Airbnb ROI: 0.49%

Traditional ROI: 8.88%

690 Upton Avenue

Springfield, MI

4 beds | 2 baths | 1,769 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2402

Airbnb ROI: N/A

Traditional ROI: 7.8%

19 N 24th Court

Springfield, MI

4 beds | 1 baths | 1,622 sq.ft.

$154,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1862

Airbnb ROI: N/A