








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 12548 Parrish Ave, Cedar Lake, IN, 46303 earns $1,072/mo cash flow from $4,848/mo rent with a $2,839/mo payment. Total monthly income totals $4,848/mo, and annual cash flow totals $12,862/yr on $190,820 capital. ROI tracks 26.8% on current figures, and rental yield reads 10.03% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 140.18% and total cumulative return in cash sums $267,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,848/mo property income instead of your personal income.
Single Family
Built in 1979
1.50 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $580,000 |
| 2007-11-30 | Listing removed | $350,000 |
| 2007-11-14 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $8344.20 | -0.93% | $362,000 | -0.79% |
| 2023-05-13 | $8422.14 | 12.65% | $364,900 | 3.14% |
| 2022-05-13 | $7476.64 | 7.76% | $353,800 | 3.81% |



Listed by: Erika Segrest • McColly Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12361950
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)