Condo Investment Properties for Sale in Indianapolis, IN
Listed for sale 1 day ago
$ 195,000
ROI
21.1
Cash Flow/m
70- 3 Bed
- 2 Bath
- 1442 sft
8102 Brookmont Ct Unit 207, Indianapolis, IN, 46278
Listed for sale 2 days ago
$ 170,000
ROI
28.3Cash Flow/m
404- 2 Bed
- 2 Bath
- 1108 sft
3724 Magenta Ln Unit 3, Indianapolis, IN, 46214
Listed for sale 3 days ago
$ 190,000
ROI
24.0Cash Flow/m
225- 2 Bed
- 3 Bath
- 1188 sft
6058 Apache Dr, Indianapolis, IN, 46254
Listed for sale 3 days ago
$ 229,900
ROI
28.4Cash Flow/m
550- 2 Bed
- 2 Bath
- 1232 sft
820 Staton Place West Dr, Indianapolis, IN, 46234
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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