18702 Old Field Rd, New Buffalo, MI, 49117 | 5.36% 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 18702 Old Field Rd, New Buffalo, MI, 49117 listed at $680,000 pairs $3,037/mo rent with a $3,328/mo payment. Total monthly income runs $3,037/mo. Return on cash invested measures 11.67% in year one, and rental yield registers 5.36% at a $680,000 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 59.41% and total cumulative return in cash totals $132,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,037/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2005

9,583 sqft lot

$N/A/sqft

$350 quarterly 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