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16score
$423,000
MLS
Street view2057 Cornell Ave
Indianapolis IN 46202 · Single Family · built 1900
4 bd2 ba1,864 sqft$227/sqft vs ZIP $207 +10%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · 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)
$423,000List price
$3,398Rent estimate / mo
1.14Lender DSCR (est.)
$6,980Taxes / yr · county assessor
$207ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $3,398 |
| − Mortgage (P&I) | −$2,218 |
| − Taxes | −$582 |
| − Insurance | −$176 |
| = Cash flow before vacancy & repairs | $422 |
The numbers
- Price
- $423,000
- $ / sq ft
- $227 ZIP median $207
- Rent estimate
- $3,398/mo ZIP + bedroom comps
- Property taxes
- $6,980/yr 2% cap on assessed value $349,000
- PITIA (assumed)
- $2,976/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.14 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100
The property
- Beds / baths
- 4 / 2
- Living area
- 1,864 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126215
- Listed
- Sep 17, 2026
- Days on market
- 16
- Listing agent
- Jenni Dubach Bliss · @properties
3178695962 · jenni@platcollective.com - Price history
- First asked $423,000
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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.