Indianapolis Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
MFH - East of FS -- Keystone and Prospect
Hi everyone, I have been looking at properties in Indianapolis and have been really deeply entrenched in getting to know areas from out of state- my plan is to go there soon- but work is tying me up at the moment. I am getting an offmarket duplex in this area. Purchase price is 110k and total rent around 950$. The numbers work out well from cash flow perspective but can one get stable tenants in this area?
I read on another thread that most of MFH in indy are generally not in desirable neighborhoods so i was wondering whether this is going to be a headache in long run.
This is close to fountain square but not in core FS, so Is there a possibility of future appreciation on these streets too. Just wanted to get an idea on the experts from this area.