Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
25score
↓ $5,100
$369,900
MLS
Street view2426 Northview Ave
Indianapolis IN 46220 · Single Family · built 1946
3 bd3 ba2,243 sqft$165/sqft vs ZIP $208 −21%
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
21% under ZIP $/sqftprice cut 1%below assessed value
The underwriting
The numbers (estimates, illustrative)
$369,900List price
$1,795Rent estimate / mo
0.65Lender DSCR (est.)
$7,994Taxes / yr · county assessor
$208ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,940 |
| − Taxes | −$666 |
| − Insurance | −$154 |
| = Cash flow before vacancy & repairs | $-965 |
The numbers
- Price
- $369,900
- $ / sq ft
- $165 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $7,994/yr 2% cap on assessed value $399,700
- PITIA (assumed)
- $2,760/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 21% under ZIP $/sqft · price cut 1% · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 2,243 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1946
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120002
- Listed
- Aug 13, 2026
- Days on market
- 51
- Listing agent
- Will Lonnemann · F.C. Tucker Company - Downtown
3178444200 · will@joansteam.com - Price history
- First asked $375,000 · previously $375,000 cut $5,100
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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.