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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 13994 Austin St, Cedar Lake, IN, 46303 listed at $326,900 pairs $1,800/mo rent with a $1,600/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 16.25% in year one, and rental yield registers 6.61% at a $326,900 basis. Equity gained on principal adds $2,109/yr, and annual property appreciation at 5% supports $90,316 by year five. Five-year ROI tracks 83.67% and total cumulative return in cash totals $90,669. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,600/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2022
6,346 sqft lot
$N/A/sqft
$140 monthly 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 |
|---|---|---|
| 2025-06-18 | Listed for sale | $326,900 |
| 2025-06-13 | Listing removed | N/A |
| 2025-05-21 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $3045.88 | -2.72% | $282,400 | 4.59% |
| 2023-06-19 | $3130.98 | 15761.10% | $270,000 | 5.88% |
| 2022-06-19 | $19.74 | N/A | $255,000 | 28233.33% |
Listed by: George Georgeff • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #822735
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.
