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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24score
New Construction
$345,000
MLS
Street view2053 Columbia Ave
Indianapolis IN 46202 · Single Family · built 2025
3 bd2.5 ba2,170 sqft$159/sqft vs ZIP $207 −23%
0.87 lender DSCR (est.)
Rent covers the estimated payment 0.87× · walk-away floor 1.20 · medium 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.
23% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$345,000List price
$2,000Rent estimate / mo
0.87Lender DSCR (est.)
$4,140Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$1,809 |
| − Taxes | −$345 |
| − Insurance | −$144 |
| = Cash flow before vacancy & repairs | $-298 |
The numbers
- Price
- $345,000
- $ / sq ft
- $159 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $4,140/yr assumed 1.2% of price
- PITIA (assumed)
- $2,298/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 23% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,170 sq ft
- Lot
- 5,227 sq ft
- 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 #
- 22075930
- Listed
- Dec 5, 2025
- Days on market
- 302
- Listing agent
- Benjamin Claghorn · United Real Estate Indpls
3177146227 · chris@unitedindy.com - Price history
- First asked $345,000
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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.