13956 Flagstaff 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 13956 Flagstaff St, Cedar Lake, IN, 46303 offers a 8.09% rental yield on a $243,900 purchase with $1,644/mo rent. Total monthly income registers $1,644/mo, and a $1,194/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,136/yr on $80,853 to close, and return on cash invested stands at 21.31% in year one. Equity gained on principal adds $1,574/yr while 5% annual appreciation supports $67,385 over five years. Portfolio math shows five-year ROI at 110.62% and total cumulative return in cash at $89,439. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,644/mo property income against a $1,194/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2013
1,868 sqft lot
$N/A/sqft
$85 monthly 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: Myra Mitchell • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #823057
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