Why Invest in Indianapolis Real Estate?
Real Estate Investing in Indianapolis has long been one of the most stable real estate markets in the U.S. The Indianapolis market declined less than 7% during the entire recession while other markets declined as much as 50%. Not only are property values holding steady, but rents have been increasing creating more cash flow margin for smart investors. The average purchase price of a single family home with tenants in place is $70,000.
Forbes ranked Indianapolis as one of the “Top 10 Bang for Your Buck” cities and one of the “Top 10 Best Places for Business and Careers”.
No, Really, Why Invest in Indianapolis Real Estate?
Take a look at this video, from Travel Guide, about Indianapolis, IN.
Just the facts ma’am! The Indy Facts!
- 12th Largest Metropolitan Area in the US
- Home to the Legendary Indianapolis 500, Indiana Pacers, Indianapolis Colts, and Host of the 2012 Super Bowl
- Cost of Living is 20% Below the National Average
- 15% Population Growth over the Last Decade
- College Town where Business and Universities Create Rental Demand
- 11% Increase in Rental Rates Over the Past Year!
- Did we mention Indianapolis is the #1 Most Stable Real Estate Market in the Country?
Needless to say, Indianapolis has created a perfect formula for Real Estate Investors wanting Cash Flow and Turn Key Investments. Unlike most of the midwest, Indianapolis is thriving, experiencing both job and population growth. Some of the most well know companies call Indianapolis their home. These companies are Eli Lilly, Wellpoint, State Farm Insurance, FedEx (which has the second largest hub in the country right here) just to name a few.
Projected job growth is to increase by another 2.3% as the unemployment rate is decreasing from 7.5% in 2013 to 5.8% in 2015 (Source: Cassidy Turley). With all signs pointing to another great year, 2015 is already showing great promise to many investors already investing in Indianapolis. We hope this page answered your question as to “Why invest in Indianapolis Real Estate?”
This is why when it comes to Real Estate Investing in Indianapolis, we are the premier Real Estate Investing company in Indianapolis. Still not convinced? Contact us by filling out one of our forms or call us today at 800-557-4650 and we can talk more.