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0score
New Construction
$299,995
MLS
Street view124 N Grant Ave
Indianapolis IN 46201 · Single Family · built 1957
3 bd2.5 ba1,960 sqft$153/sqft vs ZIP $140 +9%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,450/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.
The underwriting
The numbers (estimates, illustrative)
$299,995List price
$1,450Rent estimate / mo
0.73Lender DSCR (est.)
$3,600Taxes / yr · assumed 1.2%
$140ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$300 |
| − Insurance | −$125 |
| = Cash flow before vacancy & repairs | $-548 |
The numbers
- Price
- $299,995
- $ / sq ft
- $153 ZIP median $140
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $3,600/yr assumed 1.2% of price
- PITIA (assumed)
- $1,998/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,960 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1957
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22126197
- Listed
- Sep 16, 2026
- Days on market
- 16
- Listing agent
- Antonious Kandil · United Real Estate Indpls
3179936333 · tkandil@c21scheetz.com - Price history
- First asked $299,995
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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.