








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 11070 Summerlin St, Cedar Lake, IN, 46303 uses $162,104 cash to close to unlock $13,173/yr annual cash flow and $1,098/mo monthly cash flow. Total monthly income runs $4,087/mo, and a $2,393/mo payment keeps the spread at $1,098/mo. Purchase price stands at $489,000, and rental yield measures 10.03% with $4,087/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 146.31% and total cumulative return in cash records $237,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,087/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.35 Acres lot
$N/A/sqft
$131 quarterly 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $489,000 |
| 2017-10-12 | Sold | $298,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $4186.58 | -5.87% | $396,500 | 2.01% |
| 2023-03-30 | $4447.64 | 6.89% | $388,700 | 4.38% |
| 2022-03-30 | $4160.84 | 11.15% | $372,400 | 7.60% |



Listed by: Jana Caudill • eXp Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #818103
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.