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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% |
Investment property for sale in Cedar Lake at 9508 W 143rd Ln, Cedar Lake, IN, 46303 offers a 11.77% rental yield on a $333,900 purchase with $3,274/mo rent. Total monthly income registers $3,274/mo, and a $1,634/mo payment leaves $1,261/mo available for distribution. Annual cash flow reaches $15,129/yr on $110,688 to close, and return on cash invested stands at 33.58% in year one. Equity gained on principal adds $2,155/yr while 5% annual appreciation supports $92,250 over five years. Portfolio math shows five-year ROI at 175.93% and total cumulative return in cash at $194,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,274/mo property income against a $1,634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
10,018 sqft 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $333,900 |
| 2025-05-15 | Listing removed | $334,900 |
| 2025-05-01 | Price change | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $2882.62 | 1.81% | $270,200 | 4.69% |
| 2023-05-19 | $2831.36 | 38.76% | $258,100 | 10.96% |
| 2022-05-19 | $2040.40 | 8.95% | $232,600 | 20.71% |
Listed by: Katherine Bultema • Compass Indiana, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #820876
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
