








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 Indianapolis at 5437 Nighthawk Way, Indianapolis, IN, 46254 earns $468/mo cash flow from $1,878/mo rent with a $1,150/mo payment. Total monthly income totals $1,878/mo, and annual cash flow totals $5,612/yr on $77,869 capital. ROI tracks 27.12% on current figures, and rental yield reads 9.59% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 141.26% and total cumulative return in cash sums $110,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,878/mo property income instead of your personal income.
Condo
Built in 1999
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46254, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,800 (100%) |
| Owner Occupied HU | 7,314 (41.1%) |
| Renter Occupied HU | 9,421 (52.9%) |
| Vacant Housing Units | 1,065 ( 6.0%) |
| Median Home Value | $222,429 |
| Average Home Value | $262,409 |
Residential
17,159
Single Family
12,864
Multi-Family
4,295
Businesses
847
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: lauren alexander • Encore Sotheby's International
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066408