14019 Paramount WayCedar 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 14019 Paramount Way, Cedar Lake, IN, 46303 earns $241/mo cash flow from $1,621/mo rent with a $1,125/mo payment. Total monthly income totals $1,621/mo, and annual cash flow totals $2,894/yr on $76,212 capital. ROI tracks 23.71% on current figures, and rental yield reads 8.46% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 123% and total cumulative return in cash sums $93,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,621/mo property income instead of your personal income.
Townhouse
Built in 2014
N/A 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
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Listed by: Eric Atkinson • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #832172