








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 5955 W 135th Pl, Cedar Lake, IN, 46303 earns from $3,718/mo rent with a $3,108/mo payment. Total monthly income totals $3,718/mo. ROI tracks 19.37% on current figures, and rental yield reads 7.03% at a $634,900 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,411 over five years. Five-year ROI reaches 99.72% and total cumulative return in cash sums $208,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,718/mo property income instead of your personal income.
Single Family
Built in 2025
10,800 sqft lot
$N/A/sqft
$325 annually 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 |
|---|---|---|
| 2025-09-19 | Sold | $634,900 |
| 2025-09-08 | Contingent | $634,900 |
| 2025-09-08 | Pending sale | $634,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeffrey Fryzel • McColly Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12362900
Disclaimer: Based on information submitted to the MLS GRID as of 2025. 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/#17)