13519 Lee StCedar 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
Investment property for sale in Cedar Lake at 13519 Lee St, Cedar Lake, IN, 46303 listed at $219,900 pairs $1,473/mo rent with a $1,076/mo payment to leave $153/mo cash flow. Total monthly income runs $1,473/mo, and annual cash flow reaches $1,839/yr on $72,897 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.04% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 116.17% and total cumulative return in cash totals $84,688. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,473/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
4,199 sqft 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: Yvonne Engelbrecht • Fireside Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #819190
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.