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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 3 days ago
$ 150,000
ROI
26.9
Cash Flow/m
300- 2 Bed
- 1 Bath
- 1800 sft
4628 Evanston Ave, Indianapolis, IN, 46205
Fix & Flip
Listed for sale 3 days ago
$ 195,000
ROI
26.6Cash Flow/m
373- 3 Bed
- 2 Bath
- 1650 sft
1924 Cornell Ave, Indianapolis, IN, 46202
Fix & Flip
Listed for sale 3 days ago
$ 175,000
ROI
26.1Cash Flow/m
311- 3 Bed
- 2 Bath
- 1896 sft
317 W 42nd St, Indianapolis, IN, 46208
Fix & Flip
Listed for sale 6 days ago
$ 325,000
ROI
26.0Cash Flow/m
569- 5 Bed
- 3 Bath
- 3904 sft
6220 Bramshaw Rd, Indianapolis, IN, 46220
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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