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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% |
Rental property for sale in Cedar Lake at 9992 W 141st Ln, Cedar Lake, IN, 46303 generates $3,414/mo in rent and, after a $1,810/mo payment, leaves $734/mo in cash flow. Total monthly income is $3,414/mo, and annual cash flow is $8,806/yr on $122,622 invested. Return on cash invested sits at 27.09% in year one, and rental yield is 11.08% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 142.73% and total cumulative return in cash sums $175,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,414/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
7,553 sqft lot
$N/A/sqft
$147 monthly 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 |
|---|---|---|
| 2025-09-16 | Listed for sale | $369,900 |
| 2025-08-29 | Sold | $365,000 |
| 2025-07-11 | Pending sale | $364,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $6828.10 | 465.75% | $349,900 | 17.18% |
| 2023-09-17 | $1206.92 | 55263.30% | $298,600 | 488.95% |
| 2022-09-17 | $2.18 | -5.22% | $50,700 | 50600.00% |
Listed by: Gabriel Solis-Corral • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #827830
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.
