CalculateRealEstateROI

Market Research

Indianapolis, IN — Investment Research

Indianapolis is one of the most cash-flow-friendly major metros in the country, with low entry prices and stable tenant demand.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
59
Future Outlook
59
Grade
C
Cap Rate
7.4%

Market Commentary

A core cash-flow market. Target B-class neighborhoods on the north and west sides for stable long-term tenants.

Fundamentals

Median Price
$245,000
Median Rent
$1,550
per month
Yield
7.6%
Pop Growth
0.6%
Job Growth
1.4%
Vacancy
7%

Investment Pros / Cons

  • Excellent rent-to-price ratio
  • Affordable entry
  • Stable Midwest economy
  • × Modest appreciation
  • × Tenant-class management discipline required
  • × Weather-driven capex