Under $500K Investment Properties for Sale in Indianapolis, IN

Property at 6154 E 43rd St, Indianapolis, IN
Listed for sale today
$ 229,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign473
  • 4 Bed
  • 2 Bath
  • 2236 sft
6154 E 43rd St, Indianapolis, IN, 46226
Property at 5745 Dollar Hide South Dr, INDIANAPOLIS, IN
$ 262,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign359
  • 3 Bed
  • 3 Bath
  • 1562 sft
5745 Dollar Hide South Dr, INDIANAPOLIS, IN, 46221
Property at 307 S Burgess Ave, Indianapolis, IN
Fix & Flip
Listed for sale today
$ 199,900
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign490
  • 5 Bed
  • 2 Bath
  • 4085 sft
307 S Burgess Ave, Indianapolis, IN, 46219
Property at 6663 Black Antler Cir, INDIANAPOLIS, IN
$ 230,000
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign524
  • 3 Bed
  • 3 Bath
  • 1517 sft
6663 Black Antler Cir, INDIANAPOLIS, IN, 46217

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.

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