1 / 6
30score
NewNew Construction
$345,000
MLS
Street view2346 Brookside Ave
Indianapolis IN 46218 · Single Family · built 2024
4 bd4.5 ba3,740 sqft$92/sqft vs ZIP $137 −33%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,450/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.
33% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$345,000List price
$1,450Rent estimate / mo
0.63Lender DSCR (est.)
$4,140Taxes / yr · assumed 1.2%
$137ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,809 |
| − Taxes | −$345 |
| − Insurance | −$144 |
| = Cash flow before vacancy & repairs | $-848 |
The numbers
- Price
- $345,000
- $ / sq ft
- $92 ZIP median $137
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $4,140/yr assumed 1.2% of price
- PITIA (assumed)
- $2,298/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 33% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 4.5
- Living area
- 3,740 sq ft
- Lot
- 4,792 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22133304
- Listed
- Oct 26, 2026
- Days on market
- 7
- Listing agent
- Katrina Matheis · Ever Real Estate, LLC
3174604230 · katrina.matheis@gmail.com - Price history
- First asked $345,000
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.