Invest in Indianapolis Real Estate
Why Investors are Turning to Indianapolis

Indianapolis has become one of the most attractive real estate markets in the U.S. for investors. With affordable housing prices, strong rental demand, and consistent appreciation, the city offers steady returns without the volatility of coastal markets.
Indianapolis rental properties typically see:
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Cap rates ranging from 6–9%, depending on neighborhood and property condition
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Rental demand fueled by a growing population, strong job market, and affordable cost of living
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Median home price around $240,000 (well below the national average)
My Background in Real Estate Investing
With over 15 years of hands-on property management experience and more than 15 years working with real estate investors, I’ve helped hundreds of clients grow their portfolios here in Indianapolis.
Whether you're investing from across town or across the globe, I offer a streamlined, full-service approach:
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Local, out-of-state, and international investor experience
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Strong network of trusted lenders, inspectors, contractors, and property managers
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Deep knowledge of high-performing neighborhoods with low tenant turnover
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Guidance from purchase to property stabilization—and beyond
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Personally own a rental locally and STR in Florida
When you work with me, you’re not just getting a realtor—you’re getting a partner who knows how to help you build long-term wealth through Indianapolis real estate.
Let’s Build Your Investment Strategy
Whether you’re looking to buy your first rental or scale your portfolio, I’m here to make investing in Indianapolis easy and profitable.
Let’s connect for a free consultation and map out your next move.
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Why Should I Invest in Indianapolis?Indianapolis offers a unique mix of affordable entry points, strong rental demand, and solid cash flow. Investors appreciate the stable economy, steady population growth, and landlord-friendly laws. It’s a market where your dollar stretches further, and your ROI can be higher compared to many other cities.
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What types of properties are best for investing?The best-performing investments here are often: Single-family homes in working-class or middle-income neighborhoods Duplexes and small multifamily units near hospitals or universities Turnkey rentals or light value-add opportunities I help investors evaluate deals that make sense both on paper and in practice.
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Do you work with out-of-state or international investors?Absolutely. I specialize in working with remote investors and offer a done-for-you experience. From sourcing properties to coordinating inspections, rehabs, and tenant placement—I’ve helped clients from coast to coast (and even other countries) grow passive income streams in Indy.
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What areas of Indianapolis should I invest in?I live on the southside and I tend to find these homes more affordable than the north side. Here are some popular areas on the South Side: Southport Beech Grove Perry Township Franklin Township Lawrence Greenwood Irvington (for those seeking value-add opportunities) I’ll help guide you toward the right zip codes based on your risk tolerance, cash flow goals, and desired management style.
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What are typical ROI or cap rates in Indianapolis?Most investors in Indianapolis see cap rates between 6–9%, depending on the neighborhood, property condition, and management strategy. Well-maintained single-family rentals in B-class neighborhoods tend to offer the best balance of cash flow and tenant stability.
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What price range should I be looking in?In today's market, you should be able to find decent homes anywhere between $200,000-$300,000 depending on what type of home you are looking for.
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How long does it take to close on a home in Indianapolis?Generally, if you have a local rock star lender who knows what they are doing, you should be able to close on your investment in about 30 days. It shouldn't take any longer, but typically no more than 45 days.
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How do property taxes work as an investor?In Indiana, we tend to do things a little differently than the other states. We are one of the only states that does our taxes in arrears. So when you go to purchase a home in Indiana, usually you will get a tax credit at the closing from the seller. This is always a bonus for you. But when you go to sell your house, you are the one giving the credit. The credit is for the future tax bill that hasn't came yet, since we are always paying last years taxes this year. Sounds confusing, but always let me know if you have any other questions here. Also, because this home would be used for investment purposes as opposed to making it your primary residence, you will no longer be able to claim the homestead exemption. In Indiana, our taxes are based on your assessed value. If you were to purchase the home for yourself and live in the home, you are generally paying around 1% of the assessed value for your property taxes. When you purchase the home for investment purposes, you will have to pay about 2% of the assessed value for your taxes. A quick example would be your homes assessed value is 100,000. An individual home owner would pay $1,000/year for property taxes (1%). An investor would pay $2,000/year (2%). You want to keep these numbers in mind when you are considering purchaing a property. The last thing I would want to happen is you to buy a home and not know this, and then about a year after owning the house you get a tax bill in the mail showing your taxes have now doubled.
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Do you have reliable contractors who can do the rehab work on the home if needed?Yes I do. I have a contractor for everything. From carpet and paint to plumbing and roofing. I have built great relationships with contractors over the last 10 years. I can usually get quotes in a timely manor and can help ease the process for you. Most homes you find shouldn't need a full rehab, but may require more work than just paint and carpet. Don't worry, I've got you covered!
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Do you offer referrals to lenders, inspectors, etc?Yes. I’ve built strong relationships with trusted professionals who understand the investor mindset. These aren’t just names from a list—they’re people I’ve personally worked with or vetted through experience.
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Do I need to be there for the closing?No! What will end up happening is, your lender and title company will coordinate for a mobile notary to come to you to sign the docs on closing day. It may take an additional day to fully fund your loan, but its a pretty straight forward process. I will work with both your lender and title company to make sure we are all on the same page.
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Can you find deals outside of the MLS?Yes I can. Although it does require some patience, I can occasionally find deals that are not listed on the MLS. I've networked for the past 10 years growing solid relationships with other investors, realtors, etc. These types of deals come and go, but they do happen often.
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Can you refer me over to a Property Management company after we close on a home?Yes. I’ve spent over a decade in property management and still maintain relationships with top-rated, investor-friendly management companies in the area. I’ll make sure you’re connected with the right team for your property type and portfolio goals.
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Why should I work with you?I'm not your typical real estate agent. My goal is to not just find you a property. I take it several steps further. With a background in Property Management, I know what areas rent well, what rent rates should be, and what type of work would need to be done in order to get your house rented. If you are out of state, I always do a walk through of a home before submitting an offer with you. I will do a video on the spot and email that over to you as soon as I am done walking through it. I will let you know all the details at that time (rent price, rehab estimate, sales comps). I will attend the inspection for you and work every detail out with you until the end. My goal is to not have another transaction under my belt. In fact, I will probaby tell you the house doesn't work more than telling you that the house does work. I don't want to see you purchase something that just doesn't make sense. Of course I can't predict the future, but with my knowledge, I am able to help weed out properties that aren't a good fit for your investment.
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I'm considering investing in Indianapolis and want to work with you, what's next?"Thank you for considering me as your Realtor. You will find that I am easy to get a hold of. You can always call, text or email me. Paul@soldbypaullinn.com, 317-629-0070 (cell). You can also simply out the form above and I will get back with you as soon as possible.