Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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5score
↓ $10,000New Construction
$459,900
MLS
Street view1121 Villa Ave
Indianapolis IN 46203 · Single Family · built 2026
3 bd3 ba2,750 sqft$167/sqft vs ZIP $168 −0%
0.49 lender DSCR (est.)
Rent covers the estimated payment 0.49× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,500/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$459,900List price
$1,500Rent estimate / mo
0.49Lender DSCR (est.)
$5,519Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$2,412 |
| − Taxes | −$460 |
| − Insurance | −$192 |
| = Cash flow before vacancy & repairs | $-1,563 |
The numbers
- Price
- $459,900
- $ / sq ft
- $167 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $5,519/yr assumed 1.2% of price
- PITIA (assumed)
- $3,063/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.49 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 price cut 2%
The property
- Beds / baths
- 3 / 3
- Living area
- 2,750 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22114831
- Listed
- Jul 20, 2026
- Days on market
- 75
- Listing agent
- Terry Evans · Empire Real Estate LLC
2603300242 · tejaymz@gmail.com - Price history
- First asked $469,900 · previously $469,900 cut $10,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.