13665 Freedom WayCedar 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 13665 Freedom Way, Cedar Lake, IN, 46303 earns $90/mo cash flow from $1,920/mo rent with a $1,492/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $1,081/yr on $101,074 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.56% at a $304,900 purchase. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash sums $109,538. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Townhouse
Built in 2023
6,368 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: Cara Dulaitis • RE/MAX 10 Schererville
Mls Name: NIRA
Mls ID: #830629