STR Market Brief

Indianapolis Airbnb Investment Analysis

Estimated short-term-rental revenue, expenses, and net profit on a median-priced Indianapolis property — plus regulatory context.

Projected Revenue

$22,484

Net Income

-$12,456

ROI

-20.3%

Booked Nights

204

At 56% occupancy

Cash Invested

$61,250

STR Market Strength

70%

vs. national median

Indianapolis STR market context

Indianapolis is primarily a long-term-rental market. STR demand exists but the revenue uplift over LTR is modest and operational complexity is meaningful.

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

Underwriting cautions

Verify STR permit availability at the parcel level before closing.
Apply a 75% haircut to top-quartile AirDNA comps when projecting revenue.
Budget 35–45% expense ratio (cleaning, supplies, management, channel fees, utilities).
Model a long-term-rental fallback scenario in case STR rules tighten.