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0score
New Construction
$362,000
MLS
Street view1643 Sheldon St
Indianapolis IN 46218 · Single Family · built 2025
2 bd2 ba840 sqft$431/sqft vs ZIP $138 +212%
0.45 lender DSCR (est.)
Rent covers the estimated payment 0.45× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,073/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)
$362,000List price
$1,073Rent estimate / mo
0.45Lender DSCR (est.)
$4,344Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$1,898 |
| − Taxes | −$362 |
| − Insurance | −$151 |
| = Cash flow before vacancy & repairs | $-1,338 |
The numbers
- Price
- $362,000
- $ / sq ft
- $431 ZIP median $138
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $4,344/yr assumed 1.2% of price
- PITIA (assumed)
- $2,411/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.45 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- 840 sq ft
- Lot
- 4,356 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22033937
- Listed
- May 30, 2025
- Days on market
- 491
- Listing agent
- Terry Brown · CENTURY 21 Scheetz
3178145500 · tbrown@c21scheetz.com - Price history
- First asked $362,000
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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.