What is the rental yield in Venerable Flackville?

Venerable Flackville, Indianapolis, Indiana has a gross yield of 10.4%. That is paired with prices about 38% below Indianapolis and 48% below Indiana, which may support income-focused positioning. Over the past year, prices are down 18.2%, so recent momentum has been weaker.

How does Venerable Flackville compare to Indianapolis?

Venerable Flackville, Indianapolis, Indiana is priced about 38% below Indianapolis while offering a gross yield of 10.4%. It also has walkability of 68 and a Red Flag score of 54. The main comparison point is that prices fell 18.2% over the past year.

What are the walkability and school metrics in Venerable Flackville?

Venerable Flackville, Indianapolis, Indiana has walkability of 68 and education in the 30th percentile. Those figures suggest moderate access on foot and a lower school-test-score percentile relative to many markets. The Red Flag score is 54, so risk is not negligible.

Neighborhood

Venerable Flackville

Indianapolis, Indiana US

Venerable Flackville, Indianapolis, Indiana offers a value-oriented investment profile, with prices about 38% below Indianapolis and 48% below Indiana. Gross yield is 10.4%, while prices are down 18.2% over the past year, indicating a weaker recent price trend. The neighborhood has a walkability of 68, a Red Flag score of 54, and education in the 30th percentile, combining one clear strength in income potential with moderate risk and lower school-test-score positioning.

AI Summary•Updated May 2026

Area

6.93 mi²

ZIP Code

46222

County

Marion County

State

Indiana

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$140,958

YoY-18.2%

Gross Rental Yield

10.4%

Listed rent · ZORI annualized

Red Flag Index

Moderate

54 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

30 / 100

Limited · better than 30% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Venerable Flackville Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Venerable Flackville, Indianapolis.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$140,958	-18.2%
Price / Sq Ft (Verified)	$86/sqft	-13.9%
Asking Rent (Median)	$1,223/mo	+4.0%
Gross Rental Yield	10.4%	—
Liquidity Score	29 / 100	Low
Homes Sold (Period)	82	-16.3%

Is Venerable Flackville Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Indiana crime context.

Red Flag Breakdown

54 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake80Very High

Tornado80Very High

Heat80Very High

Strong Wind80Very High

Flood60High

Hail60High

Wildfire20Low

Hurricane20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Indiana averaged 16.9 crimes and 3.1 violent per 1,000 residents (-9.4% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 10.4%

Active transaction volume — 82 homes sold last period

Dense amenities — 31 dining & 32 grocery options nearby

Earthquake risk is Very High (80/100)

Tornado risk is Very High (80/100)

Insights are generated from Venerable Flackville's live DistrictScore metrics.

Venerable Flackville Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Indiana-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.9 µg/m³ Meets EPA, above WHO guideline-25.5% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Venerable Flackville centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 77% of U.S. neighborhoods.

Indiana Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	3.1	-9.4%
2023	18.8	3.4	+3.3%
2022	18.3	3.1	-2.6%
2021	18.9	3.3	-11.2%
2020	21.4	3.6	-7.4%
2019	23.2	3.7	—

Reported at the state level — the finest official US crime aggregation; Venerable Flackville inherits the Indiana figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Venerable Flackville

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)1.7 kmHigh

Industrial odor6 nearbyVery High

Aviation noise47 dBVery Low

Point-source screening near Venerable Flackville: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Venerable Flackville

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

68

Somewhat Walkable

Walkability Score

32

Grocery

31

Dining

11

Schools

1

Universities

4

Hospitals

1

Pharmacies

21

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Venerable Flackville's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Venerable Flackville vs Indianapolis vs Indiana

How Venerable Flackville benchmarks against its city and state medians.

Benchmark vs City & State

Across Venerable Flackville, the median sale price sits about 38% below the median for Indianapolis neighborhoods and about 48% below the statewide median. Gross rental yield is 10.4%, against 7.2% for Indianapolis neighborhoods and 6.2% statewide. Over the past 12 months, prices fell 18.2%. Transaction liquidity sits below the median for Indianapolis neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Venerable Flackville	$86/sqft	10.4%	29
Indianapolis	$139/sqft	7.2%	35
Indiana	$166/sqft	6.2%	33

Unlock the Venerable Flackville benchmark

Compare Venerable Flackville against Indianapolis and Indiana medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Indiana tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 3.0%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (local tax may apply).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Indiana property-tax guidance for foreign buyers

Latest Indianapolis Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Venerable Flackville Real Estate FAQ

Venerable Flackville, Indianapolis, Indiana can appeal to investors focused on yield, with gross yield at 10.4% and prices about 38% below Indianapolis and 48% below Indiana. The tradeoff is that prices are down 18.2% over the past year and the Red Flag score is 54.

Neighborhoods near Venerable Flackville

Compare Venerable Flackville with nearby neighborhoods in Indianapolis.

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