








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 7209 W 136th Ave, Cedar Lake, IN, 46303 listed at $424,900 pairs $3,436/mo rent with a $2,080/mo payment to leave $860/mo cash flow. Total monthly income runs $3,436/mo, and annual cash flow reaches $10,323/yr on $140,854 cash to close. Return on cash invested measures 27.24% in year one, and rental yield registers 9.7% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 142% and total cumulative return in cash totals $200,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,436/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.50 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $424,900 |
| 2023-11-21 | Listing removed | N/A |
| 2023-09-13 | Price change | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $3825.00 | 3.66% | $383,800 | 11.25% |
| 2023-04-17 | $3689.88 | 75.47% | $345,000 | 4.17% |
| 2022-04-17 | $2102.84 | 1.43% | $331,200 | 65.52% |



Listed by: Lisa Thompson • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #819137
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