1 / 6
0score
$370,000
MLS
Street view2127 N College Ave
Indianapolis IN 46202 · Single Family · built 2022
2 bd3 ba1,634 sqft$226/sqft vs ZIP $207 +9%
0.53 lender DSCR (est.)
Rent covers the estimated payment 0.53× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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)
$370,000List price
$1,500Rent estimate / mo
0.53Lender DSCR (est.)
$7,326Taxes / yr · county assessor
$207ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,940 |
| − Taxes | −$611 |
| − Insurance | −$154 |
| − HOA | −$120 |
| = Cash flow before vacancy & repairs | $-1,325 |
The numbers
- Price
- $370,000
- $ / sq ft
- $226 ZIP median $207
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $7,326/yr 2% cap on assessed value $366,300
- PITIA (assumed)
- $2,825/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $120/mo
- Lender DSCR (est.)
- 0.53 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 3
- Living area
- 1,634 sq ft
- Lot
- 1,307 sq ft
- Year built
- 2022
- Property type
- Single Family
- HOA
- $120/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124464
- Listed
- Sep 9, 2026
- Days on market
- 24
- Listing agent
- Lamar Fain · Redfin Corporation
3174005825 · lfain@highgarden.com - Price history
- First asked $370,000
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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.