14022 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
Rental property for sale in Cedar Lake at 14022 Paramount Way, Cedar Lake, IN, 46303 generates $2,790/mo in rent and, after a $1,111/mo payment, leaves $1,342/mo in cash flow. Total monthly income is $2,790/mo, and annual cash flow is $16,109/yr on $75,251 invested. Return on cash invested sits at 41.32% in year one, and rental yield is 14.75% on a $227,000 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 217.93% and total cumulative return in cash sums $163,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
2,530 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: Samantha Henderson • Rock Realty Group LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #830446
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-24 06:07:31 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)