Buy Turn-key Rental Properties in Indianapolis
Indianapolis Properties:
- Fully-Renovated Single Family Homes in Majority-Owner-Occupied Areas
- Tenants and Local Property Management in Place
- 7% Average Cap Rate
- $150,000 Average Purchase Price
- Hand-Selected Micro Markets
Indianapolis Market:
- One of the most stable real estate markets in the country that declined less than 7% during recession (FHFA.gov).
- Indianapolis has an unemployment rate below the national average (Source: BLS.gov).
- Job growth – 22,900 jobs added in 2018.
- College town – universities create consistent rental demand.
Why Indianapolis?
While much of the country braces for a recession, Indiana just had a record-breaking year of economic development, attracting over $22 Billion in Investment Capital and creating over 24,000 new jobs! Most of it was directed towards the Indianapolis MSA, a market whose residential population has grown over 20% in the last 15 years while the cost of living and the unemployment remain well below the national average.
Available Indianapolis Properties
- Type: Single Family Home
- Rent: $1050 Per Month
- Cap Rate: 7.04%
- Year Built: 1910
- 3 Bedrooms
- 846 Sq Ft
- 1.0 Bathrooms
- 1 Car Garage
- Type: Single Family Home
- Rent: $1150 Per Month
- Cap Rate: 7.23%
- Year Built: 1944
- 3 Bedrooms
- 1040 Sq Ft
- 1.0 Bathrooms
- Off-Street Parking
- Type: Single Family Home
- Rent: $1400 Per Month
- Cap Rate: 7.59%
- Year Built: 1951
- 3 Bedrooms
- 875 Sq Ft
- 1.0 Bathrooms
- Off-Street Parking
- Type: Single Family Home
- Rent: $1300 Per Month
- Cap Rate: 6.84%
- Year Built: 1949
- 3 Bedrooms
- 1188 Sq Ft
- 2.0 Bathrooms
- 1 Car Garage
Other Maverick Markets:
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