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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 9634 Dixon Ct, Cedar Lake, IN, 46303 listed at $489,000 pairs $5,395/mo rent with a $2,393/mo payment to leave $2,328/mo cash flow. Total monthly income runs $5,395/mo, and annual cash flow reaches $27,940/yr on $162,104 cash to close. Return on cash invested measures 37.15% in year one, and rental yield registers 13.24% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 195.39% and total cumulative return in cash totals $316,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,395/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.50 Acres lot
$N/A/sqft
$93 quarterly 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 |
|---|---|---|
| 2025-08-29 | Sold | $489,000 |
| 2025-08-01 | Pending sale | $489,000 |
| 2025-07-30 | Listed for sale | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $5268.58 | -6.40% | $473,700 | 0.02% |
| 2023-10-13 | $5628.76 | 14.98% | $473,600 | 5.31% |
| 2022-10-13 | $4895.26 | 12.56% | $449,700 | 14.46% |
Listed by: Lisa Grady • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #823834
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.
