1 / 6
30score
$469,000
MLS
Street view2016 Central Ave
Indianapolis IN 46202 · Single Family · built 2008
3 bd3.5 ba3,366 sqft$139/sqft vs ZIP $199 −30%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · 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.
30% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$469,000List price
$2,000Rent estimate / mo
0.56Lender DSCR (est.)
$11,314Taxes / yr · county assessor
$199ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$2,459 |
| − Taxes | −$943 |
| − Insurance | −$195 |
| = Cash flow before vacancy & repairs | $-1,598 |
The numbers
- Price
- $469,000
- $ / sq ft
- $139 ZIP median $199
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $11,314/yr 2% cap on assessed value $565,700
- PITIA (assumed)
- $3,598/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 30% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 3.5
- Living area
- 3,366 sq ft
- Lot
- 3,485 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130364
- Listed
- Oct 14, 2026
- Days on market
- 18
- Listing agent
- Alex Hallmann · @properties
3172243335 · ahallmann@atpropertiesind.com - Price history
- First asked $469,000
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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.