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Indianapolis, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Indianapolis, IN. Based on 20+ datapoints.

Indianapolis, IN Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-10.8%

Median Cashflow

-$463/mo

Avg Rent Estimate

$1,877/mo

Avg Price

$314,453

Price Range

$147,200 - $524,900

Rent to Price

0.6%

low ratio

Positive Cashflow

6%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Indianapolis, IN

Indianapolis, IN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Indianapolis, IN is -$463 with average rents of $1,877/month. Properties range from $147,200 to $524,900, offering entry points across multiple investment budgets.

7207 Brant Pointe Cir, Indianapolis, IN 46217

Price

$230,000

Rent

$1,650

CachFlow

-$506

CoC

-12.57

Full Analysis

7231 E Troy Ave, Indianapolis, IN 46239

Price

$159,900

Rent

$1,470

CachFlow

$161

CoC

5.75

Full Analysis

1018 Albany St, Indianapolis, IN 46203

Price

$215,000

Rent

$1,170

CachFlow

-$413

CoC

-10.98

Full Analysis

10210 Carya Ct, Indianapolis, IN 46259

Price

$385,000

Rent

$2,070

CachFlow

-$558

CoC

-8.28

Full Analysis

5101 Graceland Ave, Indianapolis, IN 46208

Price

$614,900

Rent

$2,010

CachFlow

-$2,165

CoC

-20.12

Full Analysis
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Indianapolis, IN Rental Market Insights

  • Median cashflow is -$463/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 6% positive cashflow rate, Indianapolis, IN requires selective property picks
  • Mid-to-upper tier market with properties from $147,200 to $524,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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