Real Estate Investing in Indianapolis

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  • Indianapolis is the country’s 13th largest city, the third largest Midwest City, and part of the 33rd largest Metropolitan Statistical Area with nearly 1.7 million residents.
  • Indianapolis has a healthy and growing economy and has diversified itself sufficiently enough to avoid much of the turmoil that has plagued other industrial-based Midwestern economies.
  • The primary industries include manufacturing, distribution, insurance, financial operations and agriculture
  • Indianapolis is home to pharmaceutical juggernaut Eli Lilly, as well as Allied Gas, and Allison Transmissions
  • Indianapolis is a distribution hub for the Midwest and Amazon.com is building a distribution center right outside of the city
  • Indianapolis’ population is projected to grow by 19% by 2020

 Here’s What People Are Saying About Us…

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  • Indianapolis was ranked in the Wall Street Journal as one of the top three best markets in the country for real estate investment.
  • Indianapolis was recently ranked by Forbes.com in the top cities in America for “The Best Bang for the Buck Cities” and ranked number one in median house price/median household income
  • Indy was recently ranked number one by BusinessWeek.com for the most affordable housing market in the United States
  • CNNMoney.com recently ranked Indianapolis as the most affordable U.S. housing market
  • Indianapolis has one of the highest monthly rent to price ratios in the nation (approximately 1% vs. a national average of 0.4%)
  • Indianapolis real estate has lower depreciation risk due to the following:
  • Indianapolis’ housing market did not experience the same boom that some cities did during the first half of the decade and Indy had a peak annual appreciation of less than 5% in 2005. This means the city has been pretty stable and predictable
  • The ratio of median income to median home price is an extremely high 0.37
  • Homes are currently selling for less than their replacement costs
  • The PMI risk index ranks Indianapolis as the fifth least likely metropolitan area to depreciate in the next two years

To find out more about Indy, you can also visit

www.developindy.com
visitindy.com