Indianapolis is one of the most cash-flow-friendly major metros in the country, with low entry prices and stable tenant demand.
Median Price
$245,000
Cap Rate
7.40%
Yield
7.60%
Vacancy
7.00%
What investors should underwrite for
A core cash-flow market. Target B-class neighborhoods on the north and west sides for stable long-term tenants.
Next step
Use our rental ROI calculator with Indianapolis-specific rents and taxes to run a complete deal-level analysis on any property you are considering.