1 / 6
5score
New
$350,000
MLS
Street view246 N Tacoma Ave
Indianapolis IN 46201 · Single Family · built 1920
4 bd3 ba2,065 sqft$169/sqft vs ZIP $140 +21%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,738/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$350,000List price
$1,738Rent estimate / mo
0.82Lender DSCR (est.)
$1,542Taxes / yr · county assessor
$140ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,738 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$129 |
| − Insurance | −$146 |
| = Cash flow before vacancy & repairs | $-372 |
The numbers
- Price
- $350,000
- $ / sq ft
- $169 ZIP median $140
- Rent estimate
- $1,738/mo ZIP + bedroom comps
- Property taxes
- $1,542/yr 2% cap on assessed value $77,100
- PITIA (assumed)
- $2,110/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.82 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 4 / 3
- Living area
- 2,065 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127824
- Listed
- Sep 28, 2026
- Days on market
- 5
- Listing agent
- Jenny Melind · Berkshire Hathaway HomeServices Indiana Realty
3178466300 · jennymelind@kw.com - Price history
- First asked $350,000
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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.