1 / 6
0score
$575,000
MLS
Street view1724 Central Ave
Indianapolis IN 46202 · Single Family · built 1900
3 bd3 ba2,632 sqft$218/sqft vs ZIP $199 +10%
0.52 lender DSCR (est.)
Rent covers the estimated payment 0.52× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,000/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)
$575,000List price
$2,000Rent estimate / mo
0.52Lender DSCR (est.)
$6,900Taxes / yr · assumed 1.2%
$199ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$3,015 |
| − Taxes | −$575 |
| − Insurance | −$240 |
| = Cash flow before vacancy & repairs | $-1,830 |
The numbers
- Price
- $575,000
- $ / sq ft
- $218 ZIP median $199
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $6,900/yr assumed 1.2% of price
- PITIA (assumed)
- $3,830/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.52 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 3
- Living area
- 2,632 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129671
- Listed
- Oct 8, 2026
- Days on market
- 24
- Listing agent
- Ashley Mullin · Fs Houses Llc
3177602897 · ashley@fshouses.com - Price history
- First asked $575,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.