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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 13909 Lauerman St, Cedar Lake, IN, 46303 uses $99,417 cash to close to unlock $4,235/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,468/mo payment keeps the spread at $353/mo. Purchase price stands at $299,900, and rental yield measures 8.88% with $2,220/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash records $124,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5,662 sqft lot
$N/A/sqft
$800 annually 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $299,900 |
| 2023-08-18 | Sold | $65,000 |
| 1998-11-25 | Sold | $83,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $1035.90 | 1.00% | $124,500 | 0.81% |
| 2023-04-07 | $1025.62 | 22.14% | $123,500 | 6.56% |
| 2022-04-07 | $839.68 | -12.76% | $115,900 | 6.82% |
Listed by: Tiffany Dowling • Keller Williams Preferred Real
Mls Name: NIRA
Mls Provider:
Mls ID: #818565
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.
