11645 W 124th PlCedar LakeIN46303
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
Investment Highlights
Investment property for sale in Cedar Lake at 11645 W 124th Pl, Cedar Lake, IN, 46303 earns $743/mo cash flow from $4,427/mo rent with a $2,936/mo payment. Total monthly income totals $4,427/mo, and annual cash flow totals $8,917/yr on $197,367 capital. ROI tracks 24.58% on current figures, and rental yield reads 8.86% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash sums $252,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,427/mo property income instead of your personal income.
Single Family
Built in 2021
10,402 sqft lot
$N/A/sqft
$120 quarterly 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
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Nearby investment properties with comparable prices
Listed by: Nicholas Scalise • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #817503
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