10100 W 134th AveCedar LakeIN46303
INVESTMENT ANALYSIS
Investment Verdict
Solid Income10100 W 134th Ave, Cedar Lake, IN, 46303 in Cedar Lake is a solid income-producing rental, 8.57% gross yield, $3,571/mo rent, $450/mo net cash flow on a $499,900 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $138,113 and $4,604/yr in principal reduction project a total cumulative return of $225,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $450 | $500 |
City averages based on Cedar Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,571 |
| Total Monthly Debt Service | $2,802 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46303, Cedar Lake, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 6,511 (80.9%) |
| Renter Occupied HU | 981 (12.2%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $336,539 |
| Average Home Value | $354,927 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,645
Multi-Family
30
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2021
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46303, Cedar Lake, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 6,511 (80.9%) |
| Renter Occupied HU | 981 (12.2%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $336,539 |
| Average Home Value | $354,927 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,645
Multi-Family
30
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcus Staples • Better Homes and Gardens Real
Mls Name: NIRA
Mls ID: #834070