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
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.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $1702 Airbnb ROI: N/A Traditional ROI: 4.13%
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: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $1647 Airbnb ROI: N/A 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.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.12% Airbnb Rental Income: $null Traditional Rental Income: $1455 Airbnb ROI: N/A Traditional ROI: 9.12%
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: N/A Traditional cash on cash: 8.88% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A 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.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $2402 Airbnb ROI: N/A Traditional ROI: 8.17%
1131 Frisbie Boulevard Springfield, MI Move-in-Ready!! Welcome to this beautifully maintained 3-bedroom, 1-bath ranch in Springfi...	3 beds \| 1 baths \| 1,054 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 6.88%
448 Richfield Avenue Springfield, MI A great home for the person looking for a cute little turnkey bungalow, with a 30-40 heate...	1 beds \| 1 baths \| 440 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $1023 Airbnb ROI: N/A Traditional ROI: 5.22%

Real Estate investment in Springfield, MI

There are 7 properties for sale in the city of Springfield . The median list price in Springfield is $289,950 and the average price per square foot is $126. In January 2026, the average monthly cash on cash return in Springfield is 7.00%. The average monthly rental income in Springfield is $1,647.

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

There are 7 investment properties available for sale in Springfield.

In 2026, the best neighborhood to buy investment property is Springfield.

The ROI for Short-Term is higher than the Long-Term in Springfield with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Springfield, MI

396 & 398 N 20th Street

Springfield, MI

2 beds | 2 baths | 992 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1702

Airbnb ROI: N/A

Traditional ROI: 4.13%

248 N 23rd Street

Springfield, MI

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

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1647

Airbnb ROI: N/A

Traditional ROI: 5.35%

294 N 20th Street

Springfield, MI

2 beds | 1 baths | 920 sq.ft.

$125,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1455

Airbnb ROI: N/A

Traditional ROI: 9.12%

252 23rd Street N

Springfield, MI

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

$164,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1853

Airbnb ROI: N/A

Traditional ROI: 8.88%

690 Upton Avenue

Springfield, MI

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

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2402

Airbnb ROI: N/A

Traditional ROI: 8.17%

1131 Frisbie Boulevard

Springfield, MI

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

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1626

Airbnb ROI: N/A

Traditional ROI: 6.88%

448 Richfield Avenue

Springfield, MI

1 beds | 1 baths | 440 sq.ft.

$125,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1023

Airbnb ROI: N/A

Traditional ROI: 5.22%

Real Estate investment in Springfield, MI

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

How many investment properties are available for sale in Springfield?

Which neighborhoods in Springfield to invest in 2026?

Long-Term vs. Short-Term Rentals in Springfield, Michigan: Which will earn the best returns?

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