8901 W 130th CtCedar 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 8901 W 130th Ct, Cedar Lake, IN, 46303 uses $106,047 cash to close to unlock $3,221/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,566/mo payment keeps the spread at $268/mo. Purchase price stands at $319,900, and rental yield measures 8.21% with $2,189/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 118.91% and total cumulative return in cash records $126,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.84 Acres lot
$N/A/sqft
No 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: David Taylor • McColly Real Estate
Mls Name: NIRA
Mls ID: #830341