








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,287/mo, and a $2,055/mo payment. Purchase price stands at $419,900, and rental yield measures 6.54% with $2,287/mo rent. Return on cash invested shows 17.9% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 91.81% and total cumulative return in cash records $127,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,287/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Multi Family
Built in 1977
0.59 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: David Harkabus • BHHS Executive Realty
Mls Name: NIRA
Mls ID: #831084