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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% |
Total monthly income runs $3,284/mo, and a $2,839/mo payment. Purchase price stands at $580,000, and rental yield measures 6.79% with $3,284/mo rent. Return on cash invested shows 18.82% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 96.72% and total cumulative return in cash records $184,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,284/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.34 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 |
|---|---|---|
| 2025-07-10 | Sold | $580,000 |
| 2025-05-23 | Pending sale | $600,000 |
| 2025-05-14 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-27 | $5.00 | N/A | $28,400 | 28300.00% |
| 2017-10-27 | $5.00 | N/A | $100 | N/A |
| 2016-10-27 | $5.00 | N/A | $100 | N/A |
Listed by: Richard Hemphill • Blue Ridge Realty Group
Mls Name: NIRA
Mls Provider:
Mls ID: #820745
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 23:32:28 PDT. 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)
