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26score
$350,000
MLS
Street view2015 Columbia Ave
Indianapolis IN 46202 · Single Family · built 1920
3 bd3.5 ba2,254 sqft$155/sqft vs ZIP $207 −25%
0.77 lender DSCR (est.)
Rent covers the estimated payment 0.77× · walk-away floor 1.20 · high 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 from the county assessor. Assumptions as of 2026-09-12.
25% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$350,000List price
$2,000Rent estimate / mo
0.77Lender DSCR (est.)
$7,254Taxes / yr · county assessor
$207ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$605 |
| − Insurance | −$146 |
| = Cash flow before vacancy & repairs | $-586 |
The numbers
- Price
- $350,000
- $ / sq ft
- $155 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $7,254/yr 2% cap on assessed value $362,700
- PITIA (assumed)
- $2,586/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.77 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 25% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 3.5
- Living area
- 2,254 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112713
- Listed
- Jul 10, 2026
- Days on market
- 85
- Listing agent
- Jana Musser · F.C. Tucker Company
3178444200 · janamusser@talktotucker.com - Price history
- First asked $350,000
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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.