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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Indianapolis, IN
Listed for sale 1 day ago
$ 205,000
ROI
22.7
Cash Flow/m
165- 3 Bed
- 2 Bath
- 1374 sft
7561 Oceanline Dr, Indianapolis, IN, 46214
Listed for sale 1 day ago
$ 215,000
ROI
21.2Cash Flow/m
85- 2 Bed
- 3 Bath
- 1584 sft
6131 Apache Dr, Indianapolis, IN, 46254
Listed for sale 1 day ago
$ 189,000
ROI
22.7Cash Flow/m
153- 2 Bed
- 3 Bath
- 1334 sft
2627 Fox Valley Pl, Indianapolis, IN, 46268
Listed for sale 2 days ago
$ 125,000
ROI
31.7Cash Flow/m
416- 2 Bed
- 2 Bath
- 960 sft
8318 Meadowlark Dr, Indianapolis, IN, 46226
Why Invest in Indianapolis, Indiana?
Indianapolis condo investments offer strong potential in 2026, with the city ranked #4 housing hotspot by NAR due to rising inventory and easing rates. Rental yields average 7.2%, supported by 1.1% job growth and affordability scores beating national averages. Cap rates hover at 6.8%, with modest 3% appreciation and 45% renter occupancy driving cash flow. New permits up 7.5% signal supply growth, favoring steady returns for condo investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, condos benefit from NAR's #4 hotspot ranking, with 7.2% rental yields and rising inventory. Affordability and job growth ensure steady demand. Low vacancy supports reliable cash flow.
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