Rental investment property Indianapolis

[Sanjana Lal]

Hi everyone, 

I'm an out of state investor looking for rental property opportunities in Indianapolis. My budget is up to 150k and currently looking for places in or around Fountain Square, Bean Creek, Garfield Park and Bates Hendricks. 

Looking for guidance on whether this is the right neighborhood for this price point, what are the expected rents and if there are other areas that I could look into. 

This would be my first investment property so I'm not looking for anything too adventurous. Currently looking for SFR with a minimum of 3bed.

Thanks in advance!