Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Indianapolis, IN

Listed for sale 1 day ago
$ 170,000
ROI
33.8
Cash Flow/m
664- 3 Bed
- 1 Bath
- 744 sft
8231 E 50th St, Indianapolis, IN, 46226

$ 204,999
ROI
31.6
Cash Flow/m
677- 3 Bed
- 2 Bath
- 2220 sft
717 S Dequincy St, INDIANAPOLIS, IN, 46203

Listed for sale 1 day ago
$ 174,900
ROI
27.8
Cash Flow/m
390- 2 Bed
- 1 Bath
- - sft
1529 Hiatt St, Indianapolis, IN, 46221

$ 262,000
ROI
24.7
Cash Flow/m
359- 3 Bed
- 3 Bath
- 1562 sft
5745 Dollar Hide South Dr, INDIANAPOLIS, IN, 46221
Why Invest in Indianapolis, Indiana?
Indianapolis offers strong investment potential in properties under $500k, with median home values around $235k providing accessible entry points for cash-flowing rentals. Rental yields average 7-8% amid steady job growth and rising inventory. Cap rates hold at 6-7%, supported by 2-4% annual appreciation and high renter occupancy over 50%. Balanced market dynamics favor investors seeking reliable returns without premium pricing.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Yes, with median prices around $235k and average rents at $1,400, they deliver solid 7-8% yields. High renter occupancy over 50% and job growth ensure demand. Inventory increases provide buying opportunities.
Find Your Perfect Investment Property in Indianapolis, Indiana
Explore investment opportunities by strategy, performance, or property type
