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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 14335 Morse St, Cedar Lake, IN, 46303 earns $175/mo cash flow from $1,508/mo rent with a $1,087/mo payment. Total monthly income totals $1,508/mo, and annual cash flow totals $2,099/yr on $73,593 capital. ROI tracks 22.76% on current figures, and rental yield reads 8.15% at a $222,000 purchase. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash sums $86,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,508/mo property income instead of your personal income.
Single Family
Built in 1925
0.38 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $222,000 |
| 2025-03-31 | Listing removed | $225,000 |
| 2025-01-15 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $586.18 | -8.59% | $95,400 | 7.07% |
| 2023-04-02 | $641.24 | 35.96% | $89,100 | 4.82% |
| 2022-04-02 | $471.64 | 53.10% | $85,000 | 8.28% |
Listed by: Joseph Moke • Weichert, Realtors-Moke Agency
Mls Name: NIRA
Mls Provider:
Mls ID: #818235
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.
