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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cedar Lake at 11029 W 135th Pl, Cedar Lake, IN, 46303 uses $140,888 cash to close to unlock $4,176/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,899/mo, and a $2,080/mo payment keeps the spread at $348/mo. Purchase price stands at $425,000, and rental yield measures 8.19% with $2,899/mo rent. Return on cash invested shows 22.87% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash records $166,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,899/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46303, Cedar Lake, IN area.
| 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 |
Residential
7,675
Single Family
7,645
Multi-Family
30
Businesses
302
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $2912.36 | -6.43% | $257,400 | 2.06% |
| 2023-06-02 | $3112.62 | 20.00% | $252,200 | 4.39% |
| 2022-06-02 | $2593.78 | 0.64% | $241,600 | 9.47% |
Listed by: William Kornblum • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #821682
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
