48307 Rohde Ct, New Buffalo, MI, 49117 | $2,898/mo Cash Flow

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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 48307 Rohde Ct, New Buffalo, MI, 49117 offers a 13.57% rental yield on a $615,000 purchase with $6,953/mo rent. Total monthly income registers $6,953/mo, and a $3,010/mo payment leaves $2,898/mo available for distribution. Annual cash flow reaches $34,770/yr on $202,335 to close, and return on cash invested stands at 37.24% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Portfolio math shows five-year ROI at 196.31% and total cumulative return in cash at $397,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,953/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

0.34 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