Last confirmed active 15 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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13score
New↓ $15,000New Construction
$381,990
Triad
Street view1805 Real St
Indianapolis IN 46240 · Single Family · built 2025
3 bd2.5 ba1,755 sqft$218/sqft vs ZIP $207 +5%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,905/mo (HUD fair-market rent) ÷ 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 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$381,990List price
$1,905Rent estimate / mo
0.75Lender DSCR (est.)
$4,584Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
13/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,905 |
| − Mortgage (P&I) | −$2,003 |
| − Taxes | −$382 |
| − Insurance | −$159 |
| = Cash flow before vacancy & repairs | $-639 |
The numbers
- Price
- $381,990
- $ / sq ft
- $218 ZIP median $207
- Rent estimate
- $1,905/mo HUD fair-market rent
- Property taxes
- $4,584/yr assumed 1.2% of price
- PITIA (assumed)
- $2,544/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 13/100 price cut 4% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,755 sq ft
- Lot
- 0.14 acres
- 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 #
- —
- Listed
- Oct 4, 2026
- Days on market
- 47 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $396,990 · previously $391,990 cut $15,000
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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.