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12score
NewNew Construction
$289,990
Triad
Street view2516 Walker Pl
Indianapolis IN 46203 · Single Family
4 bd2.5 ba1,600 sqft$181/sqft vs ZIP $168 +8%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,095/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.
The underwriting
The numbers (estimates, illustrative)
$289,990List price
$2,095Rent estimate / mo
1.08Lender DSCR (est.)
$3,480Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$1,521 |
| − Taxes | −$290 |
| − Insurance | −$121 |
| = Cash flow before vacancy & repairs | $163 |
The numbers
- Price
- $289,990
- $ / sq ft
- $181 ZIP median $168
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $3,480/yr assumed 1.2% of price
- PITIA (assumed)
- $1,932/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,600 sq ft
- Lot
- 0.1445 acres
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- —
- Listed
- Oct 13, 2026
- Days on market
- 46 relisted — counted from when we first saw it
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $289,990
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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.