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 today
$ 255,000
ROI
25.7
Cash Flow/m
424- 4 Bed
- 2 Bath
- 1409 sft
5371 Dollar Run Dr, Indianapolis, IN, 46221
Listed for sale today
$ 235,000
ROI
25.8Cash Flow/m
397- 2 Bed
- 3 Bath
- 1582 sft
2211 Colfax Ln, Indianapolis, IN, 46260
Listed for sale today
$ 375,000
ROI
22.9Cash Flow/m
330- 4 Bed
- 3 Bath
- 2164 sft
7423 Manor Lake Ln, Indianapolis, IN, 46268
Listed for sale today
$ 175,000
ROI
28.5Cash Flow/m
426- 2 Bed
- 2 Bath
- 1124 sft
6510 Jade Stream Ct APT 102, Indianapolis, IN, 46237
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
