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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 13401 Osborne St, Cedar Lake, IN, 46303 uses $87,814 cash to close to unlock $4,742/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,297/mo payment keeps the spread at $395/mo. Purchase price stands at $264,900, and rental yield measures 9.01% with $1,990/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $115,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.45 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 |
|---|---|---|
| 2025-05-12 | Price change | $264,900 |
| 2025-04-20 | Listed for sale | $285,000 |
| 2022-03-31 | Sold | $182,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $2250.12 | -7.95% | $218,700 | 3.36% |
| 2023-05-13 | $2444.38 | -39.54% | $211,600 | 4.44% |
| 2022-05-13 | $4043.26 | 6.87% | $202,600 | 9.93% |
Listed by: Katherine Bultema • Compass Indiana, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #820555
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
