Street view of 209 N Keystone Ave
1 / 6
19score
New Construction
$264,500
MLS Street view
Search photos

209 N Keystone Ave

Indianapolis IN 46201 · Single Family · built 2026
4 bd3 ba2,300 sqft$115/sqft vs ZIP $141 −18%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,700/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.

18% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$264,500List price
$1,700Rent estimate / mo
0.96Lender DSCR (est.)
$3,174Taxes / yr · assumed 1.2%
$141ZIP median $ / sqft
19/100Deal Score

Monthly picture (illustrative)

Rent est.$1,700
− Mortgage (P&I)−$1,387
− Taxes−$265
− Insurance−$110
= Cash flow before vacancy & repairs$-62

The numbers

Price
$264,500
$ / sq ft
$115 ZIP median $141
Rent estimate
$1,700/mo ZIP + bedroom comps
Property taxes
$3,174/yr assumed 1.2% of price
PITIA (assumed)
$1,762/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.96 rent ÷ PITIA · lender floor 1.20
Deal Score
19/100 18% under ZIP $/sqft

The property

Beds / baths
4 / 3
Living area
2,300 sq ft
Lot
4,356 sq ft
Year built
2026
Property type
Single Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
New Construction
MLS #
22132916
Listed
Oct 23, 2026
Days on market
8
Listing agent
Dustin Kelly · Trueblood Real Estate
3173706700 · dustin.kelly@live.com
Price history
First asked $264,500
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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.

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