12366 Lubke Rd, New Buffalo, MI, 49117 | 6.65% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New Buffalo at 12366 Lubke Rd, New Buffalo, MI, 49117 offers a 6.65% rental yield on a $325,000 purchase with $1,802/mo rent. 11% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 82.99% and total cumulative return in cash at $89,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.94 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49117, New Buffalo, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,714 (100%)
Owner Occupied HU	1,448 (39.0%)
Renter Occupied HU	312 ( 8.4%)
Vacant Housing Units	1,954 (52.6%)
Median Home Value	$451,934
Average Home Value	$642,089