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0score
New Construction
$449,999
MLS
Street view2143 Columbia Ave
Indianapolis IN 46202 · Multi-Family · built 2025
2 bd2 ba1,104 sqft$408/sqft vs ZIP $207 +97%
0.50 lender DSCR (est.)
Rent covers the estimated payment 0.50× · walk-away floor 1.20 · medium 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 assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$449,999List price
$1,500Rent estimate / mo
0.50Lender DSCR (est.)
$5,400Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$2,360 |
| − Taxes | −$450 |
| − Insurance | −$187 |
| = Cash flow before vacancy & repairs | $-1,497 |
The numbers
- Price
- $449,999
- $ / sq ft
- $408 ZIP median $207
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $5,400/yr assumed 1.2% of price
- PITIA (assumed)
- $2,997/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.50 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- 1,104 sq ft
- Lot
- 5,663 sq ft
- Year built
- 2025
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22070530
- Listed
- Oct 28, 2025
- Days on market
- 340
- Listing agent
- Nicole Crouch · Crossroads Realty, LLC
3175147959 · crossroadsrealty@outlook.com - Price history
- First asked $449,999
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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.