7311 W 143rd PlCedar LakeIN46303
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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
Investment Highlights
Investment property for sale in Cedar Lake at 7311 W 143rd Pl, Cedar Lake, IN, 46303 uses $40,443 cash to close to unlock $12,527/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $597/mo payment keeps the spread at $1,044/mo. Purchase price stands at $122,000, and rental yield measures 17.69% with $1,798/mo rent. Return on cash invested shows 50.88% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 268.91% and total cumulative return in cash records $108,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,641 sqft lot
$N/A/sqft
$175 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,645
Multi-Family
30
Businesses
302
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Listed by: Brent Stegenga • Complete Asset Protection Serv
Mls Name: NIRA
Mls Provider:
Mls ID: #829055
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-27 04:27:09 PST. 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)