Last confirmed active 19 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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7score
$479,900
MLS
Street view2016 N College Ave
Indianapolis IN 46202 · Single Family · built 2008
4 bd3 ba1,712 sqft$280/sqft vs ZIP $207 +35%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · medium 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 from the county assessor. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$479,900List price
$3,398Rent estimate / mo
1.01Lender DSCR (est.)
$7,808Taxes / yr · county assessor
$207ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $3,398 |
| − Mortgage (P&I) | −$2,517 |
| − Taxes | −$651 |
| − Insurance | −$200 |
| = Cash flow before vacancy & repairs | $31 |
The numbers
- Price
- $479,900
- $ / sq ft
- $280 ZIP median $207
- Rent estimate
- $3,398/mo ZIP + bedroom comps
- Property taxes
- $7,808/yr 2% cap on assessed value $390,400
- PITIA (assumed)
- $3,367/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100
The property
- Beds / baths
- 4 / 3
- Living area
- 1,712 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2008
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116580
- Listed
- Jul 28, 2026
- Days on market
- 67
- Listing agent
- Scott Richardson · Indiana Prestige Properties
3175909051 · scotidny34@yahoo.com - Price history
- First asked $479,900
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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.