Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 209 N Hamilton Ave
1 / 6
0score
$435,000
MLS Street view
Search photos

209 N Hamilton Ave

Indianapolis IN 46201 · Single Family · built 1930
5 bd3.5 ba2,403 sqft$181/sqft vs ZIP $141 +28%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,670/mo (HUD fair-market rent) ÷ 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)

$435,000List price
$1,670Rent estimate / mo
0.54Lender DSCR (est.)
$7,288Taxes / yr · county assessor
$141ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,670
− Mortgage (P&I)−$2,281
− Taxes−$607
− Insurance−$181
= Cash flow before vacancy & repairs$-1,400

The numbers

Price
$435,000
$ / sq ft
$181 ZIP median $141
Rent estimate
$1,670/mo HUD fair-market rent
Property taxes
$7,288/yr 2% cap on assessed value $364,400
PITIA (assumed)
$3,070/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.54 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
5 / 3.5
Living area
2,403 sq ft
Lot
5,227 sq ft
Year built
1930
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22106382
Listed
Jun 5, 2026
Days on market
120
Listing agent
Christopher Jennings · Urban Realty Group, Llc
3172226615 · rsjproperties@yahoo.com
Price history
First asked $435,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad