Street view of 2008 N College Ave
1 / 6
28score
$455,000
MLS Street view
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2008 N College Ave

Indianapolis IN 46202 · Single Family · built 2007
4 bd3.5 ba2,640 sqft$172/sqft vs ZIP $207 −17%
1.12 lender DSCR (est.)
Rent covers the estimated payment 1.12× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $3,398/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.

17% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$455,000List price
$3,398Rent estimate / mo
1.12Lender DSCR (est.)
$5,460Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
28/100Deal Score

Monthly picture (illustrative)

Rent est.$3,398
− Mortgage (P&I)−$2,386
− Taxes−$455
− Insurance−$190
= Cash flow before vacancy & repairs$367

The numbers

Price
$455,000
$ / sq ft
$172 ZIP median $207
Rent estimate
$3,398/mo ZIP + bedroom comps
Property taxes
$5,460/yr assumed 1.2% of price
PITIA (assumed)
$3,031/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.12 rent ÷ PITIA · lender floor 1.20
Deal Score
28/100 17% under ZIP $/sqft

The property

Beds / baths
4 / 3.5
Living area
2,640 sq ft
Lot
4,792 sq ft
Year built
2007
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22124656
Listed
Sep 11, 2026
Days on market
22
Listing agent
Jason Justak · eXp Realty, LLC
3177630110 · jason.justak@exprealty.com
Price history
First asked $455,000
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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.

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