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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
$ 257,000
ROI
23.3
Cash Flow/m
250- 5 Bed
- 3 Bath
- 3828 sft
2009 N Caribbean Dr, Indianapolis, IN, 46219
$ 262,000
ROI
24.7Cash Flow/m
359- 3 Bed
- 3 Bath
- 1562 sft
5745 Dollar Hide South Dr, INDIANAPOLIS, IN, 46221
Currently Rented
Listed for sale 1 day ago
$ 285,900
ROI
28.6Cash Flow/m
707- 4 Bed
- 3 Bath
- 1794 sft
11651 Hartwell St, Indianapolis, IN, 46235
$ 230,000
ROI
27.9Cash Flow/m
524- 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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