12704 Woodside DrCedar LakeIN46303
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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
Rental property for sale in Cedar Lake at 12704 Woodside Dr, Cedar Lake, IN, 46303 generates $1,800/mo in rent, after a $1,665/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 17.33% in year one, and rental yield is 6.35% on a $340,130 entry. Equity gained on principal adds $2,195/yr, while 5% annual appreciation builds toward $93,972 over five years. Five-year ROI reaches 88.83% and total cumulative return in cash sums $100,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
N/A lot
$N/A/sqft
No 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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Listed by: N/A • McFarland Homes
Mls Name: McFarland Homes
Mls ID: #N/A