Indianapolis, Indiana
- The top employer in Indianapolis, Indiana is the Indiana University Health system, which is a major healthcare provider in the area.
- The second largest employer in Indianapolis is the Indianapolis Public Schools system, which employs a significant number of teachers, administrators, and support staff.
- The third largest employer in Indianapolis is the Eli Lilly and Company, which is a major pharmaceutical company with a large presence in the city.
- The fourth largest employer in Indianapolis is the State of Indiana government, which employs a large number of people in various departments and agencies.
- The fifth largest employer in Indianapolis is the Anthem, Inc., which is a health insurance company with a major office in the city.
The presence of these large employers in Indianapolis can make it a good place to invest in real estate for several reasons. First, the healthcare and pharmaceutical industries are stable and likely to remain so in the future, providing a stable economic foundation for the city. Additionally, the presence of a large public school system and government agencies can attract a diverse workforce to the area, which can drive demand for housing. Overall, the strong economy and diverse range of industries in Indianapolis can make it a good location for real estate investment.
- Lower housing costs: According to data from Zillow, the median home value in Indianapolis is $231,170, which is lower than the national median home value of $398,500. This means that, on average, housing costs in Indianapolis are relatively lower compared to the national average. https://www.zillow.com/home-values/32149/indianapolis-in/
- Lower transportation costs: According to data from Numbeo, the cost of a monthly public transportation pass in Indianapolis is $60, which is lower than the national average of $70. Additionally, the cost of gasoline in Indianapolis is lower than the national average, with a gallon of regular unleaded gasoline costing an average of $2.97 in Indianapolis compared to $3.16 nationally. https://gasprices.aaa.com/
- Lower food costs: According to data from Numbeo, the cost of groceries in Indianapolis is 16% lower than the national average.
- Lower healthcare costs: According to data from the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance in Indianapolis is $6,312, which is lower than the national average of $7,188.
Indiana Properties
Sundley Drive, Indianapolis, IN
| Purchase Price | Projected Rent | ||
|---|---|---|---|
| $290,000 | $2,075 | ||
| Bed | Bath | Square Ft | Yr Built |
| 4 | 2.5 | 2169 | 2023 |
| Avg Monthly Cash Flow | Avg Monthly Increase | ||
| 224.23 | $1,296.07 | ||
| Total Projected Profit on Sale | Avg Annual ROI | ||
| 140226.32 | 18.10 | ||
Black Rock Circle, Lebanon, IN
| Purchase Price | Projected Rent | ||
|---|---|---|---|
| $310,000 | $2,250 | ||
| Bed | Bath | Square Ft | Yr Built |
| 5 | 2.5 | 2203 | 2023 |
| Avg Monthly Cash Flow | Avg Monthly Increase | ||
| 219.34 | $1,335.14 | ||
| Total Projected Profit on Sale | Avg Annual ROI | ||
| 160216.56 | 16.50 | ||
Austin Drive, Lebanon, IN
| Purchase Price | Projected Rent | ||
|---|---|---|---|
| $215,000 | $1,795 | ||
| Bed | Bath | Square Ft | Yr Built |
| 4 | 2.5 | 1920 | 2003 |
| Avg Monthly Cash Flow | Avg Monthly Increase | ||
| 458.45 | $1,070.69 | ||
| Total Projected Profit on Sale | Avg Annual ROI | ||
| 120460.33 | 16.02 | ||
Blue Pine Lane, Indianapolis, IN
| Purchase Price | Projected Rent | ||
|---|---|---|---|
| $215,000 | $1,550 | ||
| Bed | Bath | Square Ft | Yr Built |
| 3 | 2 | 1264 | 2002 |
| Avg Monthly Cash Flow | Avg Monthly Increase | ||
| $905.67 | |||
| Total Projected Profit on Sale | Avg Annual ROI | ||
