Fix And Flip Investment Properties for Sale in Indianapolis, IN
Fix & Flip
Listed for sale today
$ 199,900
ROI
28.6
Cash Flow/m
490- 5 Bed
- 2 Bath
- 4085 sft
307 S Burgess Ave, Indianapolis, IN, 46219
Fix & Flip
Listed for sale today
$ 209,900
ROI
23.8Cash Flow/m
237- 3 Bed
- 2 Bath
- 2592 sft
220 Cossell Dr, Indianapolis, IN, 46224
Fix & Flip
Listed for sale 1 day ago
$ 135,000
ROI
27.0Cash Flow/m
273- 3 Bed
- 1 Bath
- 2075 sft
1419 Leonard St, Indianapolis, IN, 46203
Fix & Flip
Listed for sale 1 day ago
$ 115,000
ROI
25.9Cash Flow/m
196- 2 Bed
- 1 Bath
- 1560 sft
1124 N Sheffield Ave, Indianapolis, IN, 46222
Why Invest in Indianapolis, Indiana?
Indianapolis offers strong potential for **fix-and-flip** investments with its balanced housing market and rising inventory. Single-family permits are up 7.5%, supporting renovation opportunities[1][5]. Affordable median prices around $235,000 pair with steady 2-4% appreciation[2][3]. Job growth over 1% and NAR's top 10 hotspot ranking boost demand for flipped properties[1][3][5]. Cap rates remain attractive amid improving affordability.
12.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, with inventory up 20-30% and permits rising 7.5%, opportunities abound for value-add flips. NAR ranks it a top hotspot due to affordability and demand. Focus on suburbs like Fishers for higher returns.
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