30 Avenue B · Springfield, MI 49037

$150,000

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 28 Days on market

Built 1920 7,275 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.1/30.0
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• DSCR +4.6/10.0
• 1% rule +3.3/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this clean & maintained 3-bedroom, 1-bath home situated on a spacious corner lot in Springfield. Featuring low-maintenance vinyl siding & newer windows & a welcoming front porch, this home offers comfort, functionality & room to make it your own. Inside, you'll find a generously sized kitchen & a large living room with plenty of space for relaxing or entertaining. One of the bedrooms has been converted into a versatile office/storage area with convenient main-floor laundry, offering flexible living options to fit your needs. Outside, enjoy the almost fully fenced front & back yard- perfect for pets, play, or outdoor gatherings- along with a handy storage shed for extra space. The basement currently has exterior access, but there is potential to add interior stairs off the kitchen for added convenience & expanded usability. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property has plenty of potential. Let's make this HOME!

Key facts

• Front porch
• Large living room
• Newer windows

Tags

• CORNER LOT
• VINYL SIDING
• NEWER WINDOWS
• FRONT PORCH
• GENEROUSLY SIZED KITCHEN
• LARGE LIVING ROOM

Property features AI

Exterior

• Utilities: Public water
• Home design: Single family residence; Residential property
• Construction: Built in 1920; Vinyl siding; Composition roof; Living area approximately 864
• Exterior features: Corner lot; Paved road access

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Primary bedroom (15 x 9); Bedroom 2 (9 x 9); Bedroom 3 (11 x 9)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating
• Interior features: Five total rooms; Replacement windows; Michigan-style basement
• Laundry & utility: Natural gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $49 ($583/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (17.2% below list).
• Recommended offer: $124k (17.2% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 2.0% in Springfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#472 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, amenities F.
• Battle Creek Public Schools (urban): math 8% / reading 19% proficiency, ranked #510 of 540 in MI (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+11.8%/yr); 236 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 132 units permitted in Calhoun County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Calhoun County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 21 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $60k; list at $150k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,172 (17.2% below list)

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.39%
• DSCR: 1.06
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $96,768
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
35 Avenue B	0.04mi	2/1.0 (-1)	880 (+2%)	10mo	$144,300	$164	82
636 Hamblin Ave	0.36mi	2/1.0 (-1)	846 (-2%)	8mo	$35,000	$41	68
7 Avenue B	0.07mi	2/1.0 (-1)	950 (+10%)	16mo	$55,000	$58	62
42 Grand Ave	0.65mi	2/1.0 (-1)	851 (-2%)	3mo	$60,000	$71	60
599 Hamblin Ave	0.38mi	3/1.0	920 (+6%)	14mo	$65,000	$71	60
294 N 20th St	0.59mi	2/1.0 (-1)	920 (+6%)	2mo	$103,000	$112	56
76 Carl Ave	0.67mi	2/1.0 (-1)	872 (+1%)	10mo	$61,250	$70	54
436 22nd St N	0.42mi	2/1.0 (-1)	792 (-8%)	13mo	$110,000	$139	51
396 & 398 N 20th St	0.31mi	2/2.0 (-1)	992 (+15%)	2mo	$240,000	$242	50
64 E Grand Circle Ave	0.71mi	3/1.0	920 (+6%)	8mo	$110,000	$120	50
629 W Van Buren St W	0.63mi	2/1.0 (-1)	780 (-10%)	4mo	$50,000	$64	46
303 Reynolds Rd	0.55mi	2/1.0 (-1)	775 (-10%)	9mo	$174,900	$226	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.1%
• Equity multiple: 0.65×
• Total profit: $-14,695
• Equity at exit: $22,365

10-year hold

• IRR: 5.6%
• Equity multiple: 1.50×
• Total profit: $20,871
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 49037

• Home prices YoY: -29.0%
• Rents YoY: 11.8%
• Active inventory: 236
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,242 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$83 /mo · $999/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $49

Break-even live

Break-even rent $1,180

Max offer price $150,000

Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
420 Arbor Pointe Dr Battle Creek, MI	1.0–2.0	1.0	820	$1,140	$1.39	13d	6	0.85mi
719 Avenue A Springfield, MI	1.0–2.0	1.0	623	$1,103	$1.77	13d	11	1.40mi

Listing history 50 events

1. 2026-06-19
   days on market $150,000 Active 28 DOM
2. 2026-06-18
   days on market $150,000 Active 27 DOM
3. 2026-06-17
   days on market $150,000 Active 26 DOM
4. 2026-06-16
   days on market $150,000 Active 25 DOM
5. 2026-06-15
   days on market $150,000 Active 24 DOM
6. 2026-06-14
   days on market $150,000 Active 22 DOM
7. 2026-06-13
   days on market $150,000 Active 21 DOM
8. 2026-06-10
   days on market $150,000 Active 19 DOM
9. 2026-06-09
   days on market $150,000 Active 18 DOM
10. 2026-06-08
    days on market $150,000 Active 17 DOM
11. 2026-06-07
    days on market $150,000 Active 16 DOM
12. 2026-06-05
    days on market $150,000 Active 13 DOM
13. 2026-06-02
    days on market $150,000 Active 11 DOM
14. 2026-06-01
    days on market $150,000 Active 10 DOM
15. 2026-05-31
    days on market $150,000 Active 9 DOM
16. 2026-05-30
    days on market $150,000 Active 8 DOM
17. 2026-05-22
    listed $150,000 Active 1042-char remark

    Show marketing remark (1192 chars)

    Welcome home to this clean & maintained 3-bedroom, 1-bath home situated on a spacious corner lot in Springfield. Featuring low-maintenance vinyl siding & newer windows & a welcoming front porch, this home offers comfort, functionality & room to make it your own. Inside, you'll find a generously sized kitchen & a large living room with plenty of space for relaxing or entertaining. One of the bedrooms has been converted into a versatile office/storage area with convenient main-floor laundry, offering flexible living options to fit your needs. Outside, enjoy the almost fully fenced front & back yard- perfect for pets, play, or outdoor gatherings- along with a handy storage shed for extra space. The basement currently has exterior access, but there is potential to add interior stairs off the kitchen for added convenience & expanded usability. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property has plenty of potential. Let's make this HOME!Call your favorite local realtor or Eric Blair (269.420.6868) for a private showing. We look forward to helping you make THIS the place you call HOME!

18. 2026-05-22
    listed $150,000 Active 1192-char remark

    Show marketing remark (1192 chars)

    Welcome home to this clean & maintained 3-bedroom, 1-bath home situated on a spacious corner lot in Springfield. Featuring low-maintenance vinyl siding & newer windows & a welcoming front porch, this home offers comfort, functionality & room to make it your own. Inside, you'll find a generously sized kitchen & a large living room with plenty of space for relaxing or entertaining. One of the bedrooms has been converted into a versatile office/storage area with convenient main-floor laundry, offering flexible living options to fit your needs. Outside, enjoy the almost fully fenced front & back yard- perfect for pets, play, or outdoor gatherings- along with a handy storage shed for extra space. The basement currently has exterior access, but there is potential to add interior stairs off the kitchen for added convenience & expanded usability. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property has plenty of potential. Let's make this HOME!Call your favorite local realtor or Eric Blair (269.420.6868) for a private showing. We look forward to helping you make THIS the place you call HOME!

19. 2026-05-22
    listed $150,000 Active

    Show marketing remark (1192 chars)

    Welcome home to this clean & maintained 3-bedroom, 1-bath home situated on a spacious corner lot in Springfield. Featuring low-maintenance vinyl siding & newer windows & a welcoming front porch, this home offers comfort, functionality & room to make it your own. Inside, you'll find a generously sized kitchen & a large living room with plenty of space for relaxing or entertaining. One of the bedrooms has been converted into a versatile office/storage area with convenient main-floor laundry, offering flexible living options to fit your needs. Outside, enjoy the almost fully fenced front & back yard- perfect for pets, play, or outdoor gatherings- along with a handy storage shed for extra space. The basement currently has exterior access, but there is potential to add interior stairs off the kitchen for added convenience & expanded usability. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property has plenty of potential. Let's make this HOME!Call your favorite local realtor or Eric Blair (269.420.6868) for a private showing. We look forward to helping you make THIS the place you call HOME!

20. 2022-05-25
    historical
21. 2015-02-05
    historical
22. 2014-12-15
    historical
23. 2014-10-30
    historical
24. 2014-09-26
    historical
25. 2014-09-25
    historical
26. 2014-09-25
    historical
27. 2011-10-18
    historical
28. 2011-04-18
    listed $49,900
29. 2011-04-18
    listed $49,900
30. 2011-04-18
    historical
31. 2011-04-18
    historical
32. 2011-03-01
    listed $900
33. 2011-03-01
    listed $900
34. 2011-02-23
    historical
35. 2010-08-23
    listed $49,900
36. 2010-08-23
    listed $49,900
37. 2010-08-20
    historical
38. 2010-02-20
    listed $49,900
39. 2010-02-20
    listed $49,900
40. 2010-01-25
    historical
41. 2009-07-25
    listed $49,900
42. 2009-07-25
    listed $49,900
43. 2008-05-07
    historical
44. 2007-11-05
    listed $69,900
45. 2007-11-05
    listed $69,900
46. 2006-04-27
    historical
47. 2006-04-13
    listed $31,900
48. 2006-04-13
    listed $31,900
49. 2005-02-14
    historical
50. 2004-08-17
    listed $68,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $999 · $83/mo
• Projected year-2 tax: $1,655 · $138/mo
• Expected delta: +$655/yr (+$55/mo · 65.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,901
• − Mortgage interest: −$8,402
• − Property taxes: −$999
• − Insurance: −$750
• − Repairs & maintenance: −$1,192
• − Management: −$1,192
• − Depreciation: −$4,364
• Taxable loss: −$1,999
• Est. tax savings @ 24.0%: +$480
• After-tax cash flow: $1,063/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Battle Creek Public Schools
• NCES district ID: 2600005
• Math proficiency: 8% ▼ -2.00%
• Reading proficiency: 19% ▬ 0.00%
• Median HH income: $31,697
• Composite: 10.73/100
• National rank: #9769
• State rank: #510 of 540 in MI

Livability — Springfield

• Score: 65/100
• State rank: #472
• US rank: #13384

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment F Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springfield, MI
• County: Calhoun County · 91,590 people
• Metro: Battle Creek, MI
• Population (ZIP): 20,550
• Household income: $42,690
• Rent vs Own: 40.7% rent · 59.3% own
• Severe rent burden: 717.0

Population outlook (Calhoun County) Hauer SSP2

• Today (2025): 130,157 people
• By 2030: 126,691 · -2.7%
• By 2040: 118,517 · -8.9%
• By 2050: 109,855 · -15.6%
• By 2075: 90,486 · -30.5%
• By 2100: 70,766 · -45.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 58% Black 23% Two or more races 11% Hispanic / Latino 7% Asian 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 3% Romanian 2% Lithuanian 2%
• Foreign-born: 4% · Canada, Philippines
• Languages at home: 92% English-only · Spanish 4% Other Asian/Pacific 2% Other Indo-European 1%

Political lean MEDSL · Calhoun

• 2024 margin: R (+14.1) · D 42.3% · R 56.4% · Other 1.3%
• 2008→2024 swing: -23.4pp toward R · 2008: 9.4pp · 2024: -14.1pp
• All cycles: 2024: R+14.1 2020: R+11.1 2016: R+12.5 2012: D+1.6 2008: D+9.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.62%
• Current HPI: 273.2446
• Rent YoY: ▲ 11.76%
• Metro: Battle Creek, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+173.2% since first listed

40 events — show timeline

• 2026-05-22 Listed $150,000 SW Michigan MLS
• 2026-05-22 Listed $150,000 REALCOMP
• 2026-05-22 Listed $150,000 MiRealSource-MiMLS
• 2022-05-25 Listing Removed — REALCOMP
• 2015-02-05 Listing Removed — SW Michigan MLS
• 2014-12-15 Listing Removed — SW Michigan MLS
• 2014-10-30 Listing Removed — SW Michigan MLS
• 2014-09-26 Listing Removed — SW Michigan MLS
• 2014-09-25 Listing Removed — SW Michigan MLS
• 2014-09-25 Listing Removed — SW Michigan MLS
• 2011-10-18 Listing Removed — REALCOMP
• 2011-04-18 Listing Removed — SW Michigan MLS
• 2011-04-18 Listing Removed — REALCOMP
• 2011-04-18 Listed $49,900 REALCOMP
• 2011-04-18 Listed $49,900 SW Michigan MLS
• 2011-03-01 Listed $900 SW Michigan MLS
• 2011-03-01 Listed $900 REALCOMP
• 2011-02-23 Listing Removed — REALCOMP
• 2010-08-23 Listed $49,900 REALCOMP
• 2010-08-23 Listed $49,900 SW Michigan MLS
• 2010-08-20 Listing Removed — REALCOMP
• 2010-02-20 Listed $49,900 REALCOMP
• 2010-02-20 Listed $49,900 SW Michigan MLS
• 2010-01-25 Listing Removed — REALCOMP
• 2009-07-25 Listed $49,900 REALCOMP
• 2009-07-25 Listed $49,900 SW Michigan MLS
• 2008-05-07 Listing Removed — REALCOMP
• 2007-11-05 Listed $69,900 REALCOMP
• 2007-11-05 Listed $69,900 SW Michigan MLS
• 2006-04-27 Listing Removed — SW Michigan MLS
• 2006-04-13 Listed $31,900 SW Michigan MLS
• 2006-04-13 Listed $31,900 REALCOMP
• 2005-02-14 Listing Removed — REALCOMP
• 2004-08-17 Listed $68,900 REALCOMP
• 2004-08-17 Listed $68,900 SW Michigan MLS
• 2002-09-16 Sold (Public Records) $60,000 Public Records
• 2002-09-06 Sold (MLS) $60,000 REALCOMP
• 2002-09-06 Sold (MLS) $60,000 SW Michigan MLS
• 2002-07-30 Listed $54,900 REALCOMP
• 2002-07-30 Listed $54,900 SW Michigan MLS

Property tax history

-2.9%/yr

Latest (2025): $999 · -30.9% YoY. Source: county tax records.