14378 Garden Way, Cedar Lake, IN, 46303 | $114/mo Cash Flow

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14378 Garden Way, Cedar Lake, IN, 46303 | $114/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cedar Lake at 14378 Garden Way, Cedar Lake, IN, 46303 listed at $495,000 pairs $3,086/mo rent with a $2,423/mo payment to leave $114/mo cash flow. Total monthly income runs $3,086/mo, and annual cash flow reaches $1,372/yr on $164,093 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.48% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 107.1% and total cumulative return in cash totals $175,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,086/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2021

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 14378 Garden Way, Cedar Lake, Indiana - a nearly 4,000 sq ft, 5-bedroom waterfront stunner that is better than brand new. Fully fenced yard right on the lake with direct water views and total privacy. The sellers hate to leave but their loss is your gain - move in today and skip the new-construction wait. Open-concept main level with tall ceilings, gourmet kitchen, huge quartz island, stainless appliances, and a windows overlooking the water. Sliding doors lead to the huge new 2023 deck - perfect for coffee at sunrise or dinners at sunset. Upstairs: massive primary suite with spa bath and walk-in closet, plus four more big bedrooms and updated baths. Laundry room conveniently located on the bedroom level. The 2025 finished basement is pure magic - speakeasy-style with custom wet bar, beverage fridge, office/gaming area, and a brand-new bathroom. Ideal for parties, movie nights, or watching the game. Every upgrade is already done: Full fence 2021 Culligan whole-home water system & security 2022 New deck 2023 Epoxy garage floor & brick landscaping 2024 Entire basement remodel 2025 Smart home features All in Rose Garden Estates with community pool, playground, trails, and ponds - minutes from shopping and Cedar Lake's public beach. This one has it all and is truly move-in ready. Schedule your private tour now - homes like this vanish fast!

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