13946 Paramount Way, Cedar Lake, IN, 46303 | $449/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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13946 Paramount Way, Cedar Lake, IN, 46303 | $449/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cedar Lake at 13946 Paramount Way, Cedar Lake, IN, 46303 uses $81,218 cash to close to unlock $5,394/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,199/mo payment keeps the spread at $449/mo. Purchase price stands at $245,000, and rental yield measures 9.4% with $1,920/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 138.24% and total cumulative return in cash records $112,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,199/mo payment rather than investor’s personal income.

Townhouse

Built in 2017

3,327 sqft lot

$N/A/sqft

No HOA

More details about the property

REMARKABLE 2-STORY END UNIT TOWNHOME IN CEDAR LAKE. SITUATED ON A CORNER LOT IN A POOL COMMUNITY IS THE 2-BEDROOM 1 1/2 BATH HOME. FASHIONABLY UPDATED INTERIOR FEATURING ENGINEERED FLOORING THROUGHOUT THE MAIN LEVEL AND FRESHLY PAINTED THROUGHOUT. TO OPEN UP THE STAIRCASE NEW METAL SPINDLES WERE JUST INSTALLED. NEW GRANITE COUNTERTOPS AND SS APPLIANCES ENHANCE THIS MODERN DESIGNED KITCHEN. A BREAKFAST BAR, CAN LIGHTING AND DIRECT ACCESS TO THE BACKYARD IS TRULY DESIRABLE. DINING SPACE AND LIVING ROOM ARE ON THIS MAIN LEVEL ALONG WITH A VERY WELCOMING FOYER AND 1/2 BATH. THERE'S ALSO AN ATTACHED GARAGE! TWO SPACIOUS BEDROOMS ARE UPSTAIRS, AND THE MASTER HAS A WALK-IN CLOSET. MAIN BATH HAS A TUB/SHOWER AND SUPER CONVENIENT IS THE 2ND FLOOR LAUNDRY. SCHEDULE A SHOWING TODAY!

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