Street view of 2433 N Kenwood Ave
1 / 6
47score
↓ $15,000
$155,000
MLS Street view
Search photos

2433 N Kenwood Ave

Indianapolis IN 46208 · Single Family · built 1910
3 bd2 ba2,672 sqft$58/sqft vs ZIP $126 −54%
1.17 lender DSCR (est.)
Rent covers the estimated payment 1.17× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,350/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.

54% under ZIP $/sqftverify conditionprice cut 10%below assessed value
The underwriting

The numbers (estimates, illustrative)

$155,000List price
$1,350Rent estimate / mo
1.17Lender DSCR (est.)
$3,310Taxes / yr · county assessor
$126ZIP median $ / sqft
47/100Deal Score

Monthly picture (illustrative)

Rent est.$1,350
− Mortgage (P&I)−$813
− Taxes−$276
− Insurance−$65
= Cash flow before vacancy & repairs$197

The numbers

Price
$155,000
$ / sq ft
$58 ZIP median $126
Rent estimate
$1,350/mo ZIP + bedroom comps
Property taxes
$3,310/yr 2% cap on assessed value $165,500
PITIA (assumed)
$1,153/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.17 rent ÷ PITIA · lender floor 1.20
Deal Score
47/100 54% under ZIP $/sqft · verify condition · price cut 10% · below assessed value

The property

Beds / baths
3 / 2
Living area
2,672 sq ft
Lot
4,792 sq ft
Year built
1910
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116616
Listed
Jul 28, 2026
Days on market
81
Listing agent
Karanjod Cheema · Rize Commercial Realty LLC
3176579985 · karancheemaindy@gmail.com
Price history
First asked $170,000 · previously $165,000 cut $15,000
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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.

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