The Manchester Plan, Beacon Pointe West-Single Family CommunityCedar 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
Rental property for sale in Cedar Lake at The Manchester Plan, Beacon Pointe West-Single Family Community, Cedar Lake, IN, 46303 priced at $420,900 converts $2,557/mo rent into $31/mo cash flow after a $2,060/mo obligation. Total monthly income equals $2,557/mo, and annual cash flow totals $366/yr on $139,528 invested. Return on cash invested prints 20.17% in year one, and rental yield reads 7.29% against a $420,900 entry. Equity gained on principal adds $2,716/yr, while 5% annual appreciation compiles into $116,287 by year five. Five-year ROI reaches 104.01% and total cumulative return in cash sums $145,118. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,557/mo property income covering a $2,060/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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: N/A • McFarland Homes
Mls Name: McFarland Homes
Mls ID: #N/A