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Indianapolis
Indianapolis real estate has the best of both worlds: affordable home prices and appreciation rates competitive to the national average. The Indianapolis real estate market has been described as a market that provides a balance of increasing prices and equity gains plus being among the most affordable markets in the country.
Absentee investors should consider investing in Indianapolis real estate because of its affordability and its location. Its central location in the country allows investors to easily make repairs and maintain the property at better prices. Indianapolis also has universities, a strong job market, and low crime rate. One key feature that is crucial to investing is the fact that the city’s growing industries have been able to withstand from decreasing prices, which helps keep rental rates stable.
Forbes listed Indianapolis as one of the best buy cities for investing in housing in 2016. The city was described “a safer bet,” when listing metropolitan cities that could start getting too pricey for investors.