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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 14357 Clover Ave, Cedar Lake, IN, 46303 uses $104,423 cash to close to unlock $12,070/yr annual cash flow and $1,006/mo monthly cash flow. Total monthly income runs $3,044/mo, and a $1,542/mo payment keeps the spread at $1,006/mo. Purchase price stands at $315,000, and rental yield measures 11.6% with $3,044/mo rent. Return on cash invested shows 31.47% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 165.2% and total cumulative return in cash records $172,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,044/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2023
7,435 sqft lot
$N/A/sqft
$147 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 |
|---|---|---|
| 2025-09-13 | Listed for sale | $315,000 |
| 2025-08-01 | Listing removed | $312,900 |
| 2025-06-16 | Price change | $312,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $273.84 | -76.95% | $312,800 | 526.85% |
| 2023-09-15 | $1187.86 | 17952.58% | $49,900 | N/A |
| 2022-09-15 | $6.58 | N/A | $49,900 | 16533.33% |
Listed by: Edith Cothran • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #827703
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.
