Roots Deal Sheet

The broken windows theory and 7 cash-flowing Indy deals

Seven off-market Indy rentals, including a 9.7% cash-on-cash Dearborn duplex, plus the broken-windows case for July 7.

June 5, 2026Property Update
The broken windows theory and 7 cash-flowing Indy deals
Roots
DEAL SHEET  ·  W23  ·  JUNE 4, 2026

Roots Fam 🌱

Quick story before the deals — and the deals are good this week, so stick with me.

Last Friday we hit the streets of Fountain Square for Indy Street Sweep #5, and the neighborhood was amazingly clean. This is a pocket of the city where people genuinely care about where they live, and it shows up on the sidewalk. It was actually a challenge to find trash — the best kind of pleasant surprise.

Instagram Post

Here’s why I’m fired up about July 7. There’s a concept called the broken windows theory: if you don’t fix the broken windows, a neighborhood keeps slipping. Trash piles up, then more trash, then more, then the whole block changes. The opposite is true too. You pick up one piece of trash, you walk past a neighbor doing the same, and pretty soon the whole street looks like Fountain Square. That’s our plan at least.

Honestly, the most impactful thing about Friday wasn’t even the trash. It was the friendships. You walk a route with someone for two hours and you actually KNOW them by the end of it. That’s the move. That’s what we’re scaling on July 7 — 777 people, 20 rally points, one morning, one city.

We’re at 145 of 777 right now. I need 632 more. Block 8 to 10 AM on Tuesday, July 7 and grab your spot at indystreetsweep.com.

Want me to text you when sign-ups open at the rally point closest to your house? Just hit reply with the word “rally” and your neighborhood — I’ll handle the rest.

Alright — let’s get into the deals.

DEAL #1 · OFF-MARKET · HERO
1117–1119 Dearborn St
Duplex  ·  1 side leased $1,400/mo  ·  1 side vacant  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
Day-one income, with the upside still on the table
One side is already leased at $1,400 a month. The other is vacant and ready to lease up. Stabilize both around $2,800 and the numbers get loud — this is the best cash-on-cash on the whole slate.
•  Duplex at $259,900 — one unit leased at $1,400/mo, one vacant and ready
•  Stabilized at $2,800/mo: +$542/mo cash flow, 9.7% cash-on-cash — best on the board
•  Income from day one, with immediate upside on the vacant unit
Asking: $259,900
Rent Report / Calculator →
Reply for the Package →
Or just reply “Dearborn” to this email — fastest path to the full package and an intro to Kyle.
DEAL #2 · OFF-MARKET · HERO
836–838 N Oxford St
Duplex  ·  $2,960/mo gross  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
Two rent checks, one roof
This Oxford duplex is already pulling $2,960 a month gross. Two income streams under one roof, and the five-year math is the kind you want to sit with.
•  Duplex pulling $2,960/mo gross
•  +$432/mo cash flow, 6.7% cash-on-cash, ~$61K projected 5-year profit
•  Solid small-multifamily with multiple streams under one roof
Asking: $299,900
Rent Report / Calculator →
Reply for the Package →
Or just reply “Oxford” to this email — fastest path to the full package and an intro to Kyle.
PARTNER  ·  CORE INSURANCE SOLUTIONS
CORE INSURANCE SOLUTIONS
Jackson Blevins founded Core Insurance Solutions, an independent agency downtown. He’s incredibly down to earth and great at what he does.
Contact: Jackson · 317-358-6780 · jblevins@coreinsurancesolns.com · coreinsurancesolns.com
Get an Insurance Quote Today! →
DEAL #3 · OFF-MARKET · MID-TERM RENTAL
4905 Hillside Ave
Mid-term rental  ·  leased $2,400/mo on Furnished Finder  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
A mid-term rental that’s already proving itself
This one is leased right now at $2,400 a month on Furnished Finder. Proven income on a proven platform — worth a fresh look now that the mid-term rental is in stride.
•  Mid-term rental leased at $2,400/mo on Furnished Finder
•  +$356/mo cash flow, 6.9% cash-on-cash — proven income, proven demand
•  Heads up: there are two Hillsides this week — 4905 is the mid-term rental (2943 further down is the value-add)
Asking: $239,000
Rent Report / Calculator →
Reply for the Package →
Or just reply “4905 Hillside” to this email — fastest path to the full package and an intro to Kyle.
PARTNER  ·  INDY HOMES REBORN
Indy Homes Reborn is a wholesale company built on one thing: access to off-market deals before they ever hit the MLS. If this week’s pocket listings are your speed, Tony is the guy — he’s sourcing exactly this kind of inventory all over Indy. Reach out and tell him Roots sent you.
Work With Tony! →
DEAL #4 · OFF-MARKET · STABILITY PLAY
6138 E 25th St
Tenant locked through 2027  ·  $1,250/mo  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
The stability play
Tenant is locked in through 2027 at $1,250 a month. No leasing risk, no guesswork — just the cheapest entry on the board with the longest runway of guaranteed rent.
•  Tenant in place through 2027 at $1,250/mo — zero leasing risk
•  +$181/mo cash flow, 7.0% cash-on-cash
•  Cheapest entry on the list, longest runway of guaranteed rent
Asking: $117,000
Rent Report / Calculator →
Reply for the Package →
Or just reply “25th” to this email — fastest path to the full package and an intro to Kyle.
DEAL #5 · OFF-MARKET
4138 N Edmondson Ave
Tenant in place $1,500/mo  ·  $160K  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
Clean entry, income from day one
Tenant is already in place at $1,500 a month on a $160K buy. If you missed it back in April, here it is again — a clean entry with rent coming in from the jump.
•  Tenant in place at $1,500/mo on a $160K purchase
•  +$123/mo cash flow, 3.5% cash-on-cash
•  Refreshed for anyone who missed it in April
Asking: $160,000
Rent Report / Calculator →
Reply for the Package →
Or just reply “Edmondson” to this email — fastest path to the full package and an intro to Kyle.
DEAL #6 · OFF-MARKET · VALUE-ADD
1906 Charles St
2 bd · 1.5 ba  ·  prior rent $1,250/mo  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
A value-add for the rent-pusher
I’ll be straight with you: at the prior $1,250 rent, this one sits right around breakeven — about -$40/mo. Push the rent to $1,300 or better and it flips positive. Low basis for someone willing to stabilize before they hold.
•  2 bd / 1.5 ba, prior rent $1,250/mo
•  At $1,250: about -$40/mo (near breakeven) — flips positive with a push to $1,300+
•  Low-basis value-add if you’ll stabilize the rent first
Asking: $155,000
Rent Report / Calculator →
Reply for the Package →
Or just reply “Charles” to this email — fastest path to the full package and an intro to Kyle.
DEAL #7 · OFF-MARKET · VALUE-ADD
2943 Hillside Ave
4 bd · 2 ba  ·  Monon Yard  ·  seller credit for plumbing  ·  Indianapolis
Image from Roots Deal Sheet: The broken windows theory and 7 cash-flowing Indy deals
Discounted, with money on the table to fix it
A 4-bed, 2-bath in Monon Yard. There’s a known plumbing repair — but the seller credit is there to cover it. At an estimated $1,300 rent it’s about -$65/mo today; get it to $1,500 and it flips positive.
•  4 bd / 2 ba in Monon Yard, seller credit covers the plumbing repair
•  At $1,300 est. rent: about -$65/mo today, flips positive at $1,500+
•  The second of two Hillsides — 2943 is the value-add (4905 above is the mid-term rental)
Asking: $149,900
Rent Report / Calculator →
Reply for the Package →
Or just reply “2943 Hillside” to this email — fastest path to the full package and an intro to Kyle.
Seven deals on the board: a 9.7% CoC duplex on Dearborn, a $2,960/mo Oxford duplex, a Furnished Finder mid-term rental on 4905 Hillside, a tenant-locked-through-2027 stability play on 25th, an income-from-day-one rental on Edmondson, a value-add on Charles, and a discounted Monon Yard SFR on 2943 Hillside. Reply with whichever address speaks to you and I’ll send Kyle in to walk you through the package. We move fast on these.
Keep building,
Max Moore
Roots Realty, Indianapolis
P.S. The only thing I sweep faster than a Fountain Square sidewalk is unread emails. Tap reply on any of these and I’ll see it within the hour.
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