1 / 6
5score
NewNew Construction
$265,490
Triad
Street view2518 Walker Pl
Indianapolis IN 46203 · Single Family
3 bd2 ba1,202 sqft$221/sqft vs ZIP $168 +31%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,500/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$265,490List price
$1,500Rent estimate / mo
0.85Lender DSCR (est.)
$3,186Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,392 |
| − Taxes | −$265 |
| − Insurance | −$111 |
| = Cash flow before vacancy & repairs | $-268 |
The numbers
- Price
- $265,490
- $ / sq ft
- $221 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $3,186/yr assumed 1.2% of price
- PITIA (assumed)
- $1,768/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,202 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 14, 2026
- Days on market
- 4
- Listing agent
- Not on the feed — use the official listing link
- Price history
- First asked $265,490
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.