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
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0score
$599,999
MLS
Street view2301 Nowland Ave
Indianapolis IN 46201 · Single Family · built 1920
4 bd3 ba2,862 sqft$210/sqft vs ZIP $141 +49%
0.42 lender DSCR (est.)
Rent covers the estimated payment 0.42× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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)
$599,999List price
$1,820Rent estimate / mo
0.42Lender DSCR (est.)
$10,970Taxes / yr · county assessor
$141ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$3,146 |
| − Taxes | −$914 |
| − Insurance | −$250 |
| = Cash flow before vacancy & repairs | $-2,491 |
The numbers
- Price
- $599,999
- $ / sq ft
- $210 ZIP median $141
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $10,970/yr 2% cap on assessed value $548,500
- PITIA (assumed)
- $4,311/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.42 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 3
- Living area
- 2,862 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22083324
- Listed
- Feb 12, 2026
- Days on market
- 233
- Listing agent
- Robert Mager · @properties
3177039990 · rob.mager@exprealty.com - Price history
- First asked $599,999
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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.