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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Indianapolis, IN
Fix & Flip
Listed for sale today
$ 499,900
ROI
30.1
Cash Flow/m
1436- 4 Bed
- 5 Bath
- 5243 sft
6507 Shamel Dr, Indianapolis, IN, 46278
Currently Rented
Fix & Flip
Rental Income
+ 1 more
$ 149,000
ROI
26.1Cash Flow/m
264- 2 Bed
- 2 Bath
- 1700 sft
261 S Sheridan Ave, Indianapolis, IN, 46219
Fix & Flip
Listed for sale 2 days ago
$ 149,900
ROI
30.1Cash Flow/m
430- 3 Bed
- 2 Bath
- 2196 sft
3710 N Layman Ave, Indianapolis, IN, 46218
Fix & Flip
Listed for sale 2 days ago
$ 155,000
ROI
29.9Cash Flow/m
439- 3 Bed
- 1 Bath
- 900 sft
3148 Keswick Rd, 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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