Investor Email Blasts
Get First Look at the Deals I See.
I come across off-market opportunities, undervalued flips, and cash-flowing rentals across Indianapolis every week. Join the list and I’ll send the best ones straight to your inbox — before they hit the market.
Build Wealth in the Circle City.
Austin Coon is a licensed real estate broker and an active investor himself — specializing in BRRRR, fix-and-flip, short-term rentals, and long-term buy-and-hold strategies across the Indianapolis metro.
Affordable entry prices, rising rents, and a city built for landlords. He helps clients build wealth through strategic real estate investment.
The Fundamentals
Why Investors Choose Indianapolis
Strong fundamentals and strategic positioning make Indianapolis one of the Midwest’s most attractive markets for building a portfolio.
Steady Market Growth
Consistent appreciation and growing demand in key neighborhoods across the metro.
Real Cash Flow
Strong rental yields with genuine positive monthly cash flow potential — rare in most metros.
Diverse Inventory
Single-family, multi-unit, and short-term rental properties at accessible price points.
Strategic Location
A central Midwest logistics hub with major employer presence and a growing population.
Explore the Market
Investment Property Map
Explore investment opportunities across Indianapolis neighborhoods.
Key Areas Highlighted
- Emerging neighborhoods with growth potential
- Established rental markets with proven returns
- Multi-family property concentrations
- Value-add renovation opportunities
Investment Considerations
- Proximity to employment centers
- School district quality and ratings
- Neighborhood development trends
- Transportation and accessibility
The Process
Your Investment Roadmap
A proven eight-step process from first search to closing day.
01
Build Your Team
Select an investor-friendly agent, property manager, lender, and contractor.
02
Prepare Financing
Get pre-approved with a lender. Have documents ready before making offers.
03
Property Search
Use custom MLS search, wholesaler lists, and email blasts for deals.
04
Make an Offer
Negotiate, go under contract, and submit earnest money.
05
Due Diligence
Home inspection and contractor evaluation for repairs or remodel costs.
06
Appraisal
Lender sends an appraiser to evaluate the fair market value.
07
Closing Day
Money and title exchanged. Sign in person or with a mobile notary.
08
Celebrate
You’ve increased your net worth through a tangible asset.
Where the Deals Are
Match the Neighborhood to Your Strategy
Finding the right property depends on your goal — monthly cash flow or long-term appreciation.
Cash Flow
Cash Flow Neighborhoods
Buy at lower price points in up-and-coming areas for strong monthly returns.
- Near Eastside
- Near Westside
- Fountain Square
- Mapleton-Fall Creek
- Lawrence
- Beech Grove
Appreciation
Appreciation Neighborhoods
Invest in trendy, in-demand areas for long-term property value growth.
- Downtown / Mass Ave
- Broad Ripple / Meridian-Kessler
- Irvington
- Speedway
- Carmel / Fishers
- Noblesville / Westfield
Run the Numbers
How to Analyze a Deal
Understanding the numbers is crucial. Cash flow = income minus all expenses.
Income Sources
- Monthly Rent: Market rate based on location, size, and condition
- Additional Income: Parking, storage, laundry facilities
Key Expenses
- Mortgage Payment: Principal & interest
- Property Taxes: 2–2.5% of assessed value annually
- Insurance: $600–$1,500/year for a single-family home
- Maintenance: 10–15% of monthly rent
- Vacancy: 4–6% reserve
- Property Management: 10% of monthly rent
Rule of Thumb
The 1% Rule
Monthly rent should equal approximately 1% of the property price — a $150,000 property should rent for around $1,500/month. This was easier to achieve pre-2018 and is now more rare, especially on single-family homes. Use it as a quick screening tool, not an absolute requirement.
Ready to Invest?
Let’s Build Your Portfolio.
Whether it’s your first rental or your fifteenth, let’s discuss your investment goals and find the right opportunities in Indianapolis.
Schedule Investment Meeting