








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 12840 Edison St, Cedar Lake, IN, 46303 uses $84,533 cash to close to unlock $6,544/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $2,076/mo, and a $1,248/mo payment keeps the spread at $545/mo. Purchase price stands at $255,000, and rental yield measures 9.77% with $2,076/mo rent. Return on cash invested shows 27.65% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 144.15% and total cumulative return in cash records $121,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,076/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1982
8,102 sqft 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $255,000 |
| 2024-03-14 | Sold | $220,000 |
| 2023-12-01 | Listed for sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $2036.42 | 186.95% | $153,700 | 66.52% |
| 2023-06-12 | $709.68 | 22.10% | $92,300 | -2.12% |
| 2022-06-12 | $581.24 | 2.50% | $94,300 | 3.29% |



Listed by: Jordan Dessauer • Anton Agency
Mls Name: NIRA
Mls Provider:
Mls ID: #822298
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