13933 Heartland CtCedar LakeIN46303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 13933 Heartland Ct, Cedar Lake, IN, 46303 earns $38/mo cash flow from $2,558/mo rent with a $2,055/mo payment. Total monthly income totals $2,558/mo, and annual cash flow totals $451/yr on $139,197 capital. ROI tracks 20.23% on current figures, and rental yield reads 7.31% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 104.34% and total cumulative return in cash sums $145,236. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,558/mo property income instead of your personal income.
Single Family
Built in 2018
8,751 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Higer • Century 21 Circle
Mls Name: NIRA
Mls ID: #832747