221 S Harrison St, New Buffalo, MI, 49117 | $519/mo Cash Flow

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 221 S Harrison St, New Buffalo, MI, 49117 with 5% annual appreciation on a $349,900 basis while $2,827/mo rent supports operations. Total monthly income totals $2,827/mo and a $1,713/mo payment preserves $519/mo for cash returns. Annual cash flow comes to $6,230/yr on $115,992 deployed, and return on cash invested reaches 25.28% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 9.7%. Five-year ROI measures 132.2% and total cumulative return in cash totals $153,342.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,827/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1965

0.30 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