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51score
New Construction
$165,000
MLS
Street view2446 Winthrop Ave
Indianapolis IN 46205 · Townhouse · built 2026
2 bd2.5 ba1,318 sqft$125/sqft vs ZIP $165 −24%
1.30 lender DSCR (est.)
Rent covers the estimated payment 1.30× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,625/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.
DSCR 1.3024% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$165,000List price
$1,625Rent estimate / mo
1.30Lender DSCR (est.)
$1,980Taxes / yr · assumed 1.2%
$165ZIP median $ / sqft
51/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,625 |
| − Mortgage (P&I) | −$865 |
| − Taxes | −$165 |
| − Insurance | −$69 |
| − HOA | −$150 |
| = Cash flow before vacancy & repairs | $376 |
The numbers
- Price
- $165,000
- $ / sq ft
- $125 ZIP median $165
- Rent estimate
- $1,625/mo ZIP + bedroom comps
- Property taxes
- $1,980/yr assumed 1.2% of price
- PITIA (assumed)
- $1,249/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $150/mo
- Lender DSCR (est.)
- 1.30 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 51/100 DSCR 1.30 · 24% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,318 sq ft
- Lot
- 0.028 acres
- Year built
- 2026
- Property type
- Townhouse
- HOA
- $150/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22104604
- Listed
- May 29, 2026
- Days on market
- 141
- Listing agent
- Rochelle Perkins · Garnet Group
7656097316 · rochelle@rochelleknowsindy.com - Price history
- First asked $165,000
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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.