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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 today
$ 235,000
ROI
25.8
Cash Flow/m
397- 2 Bed
- 3 Bath
- 1582 sft
2211 Colfax Ln, Indianapolis, IN, 46260
Listed for sale today
$ 175,000
ROI
28.5Cash Flow/m
426- 2 Bed
- 2 Bath
- 1124 sft
6510 Jade Stream Ct APT 102, Indianapolis, IN, 46237
Listed for sale today
$ 190,000
ROI
26.3Cash Flow/m
348- 2 Bed
- 2 Bath
- 1576 sft
5816 Beacon Cove Way #29, Indianapolis, IN, 46237
Listed for sale today
$ 215,000
ROI
22.4Cash Flow/m
160- 2 Bed
- 2 Bath
- 1115 sft
6703 Bridgefield Way, Indianapolis, IN, 46254
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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