1 / 6
17score
New
$500,000
MLS
Street view2430 Northview Ave
Indianapolis IN 46220 · Single Family · built 2023
5 bd3.5 ba2,796 sqft$179/sqft vs ZIP $194 −8%
0.62 lender DSCR (est.)
Rent covers the estimated payment 0.62× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,301/mo (HUD fair-market rent) ÷ 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.
new this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$500,000List price
$2,301Rent estimate / mo
0.62Lender DSCR (est.)
$10,924Taxes / yr · county assessor
$194ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,301 |
| − Mortgage (P&I) | −$2,622 |
| − Taxes | −$910 |
| − Insurance | −$208 |
| = Cash flow before vacancy & repairs | $-1,440 |
The numbers
- Price
- $500,000
- $ / sq ft
- $179 ZIP median $194
- Rent estimate
- $2,301/mo HUD fair-market rent
- Property taxes
- $10,924/yr 2% cap on assessed value $546,200
- PITIA (assumed)
- $3,741/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.62 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100 new this week · below assessed value
The property
- Beds / baths
- 5 / 3.5
- Living area
- 2,796 sq ft
- Lot
- 6,098 sq ft
- Year built
- 2023
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129583
- Listed
- Oct 3, 2026
- Days on market
- 1
- Listing agent
- Leyton Wellbaum · Highgarden Real Estate
3177628038 · lwellbaum@highgarden.com - Price history
- First asked $500,000
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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.