13621 King 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 13621 King St, Cedar Lake, IN, 46303 offers a 6.94% rental yield on a $446,362 purchase with $2,580/mo rent. 1% in year one. Equity gained on principal adds $2,880/yr while 5% annual appreciation supports $123,322 over five years. Portfolio math shows five-year ROI at 98.28% and total cumulative return in cash at $145,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $2,185/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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