Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
Street view of 252 Iowa St
1 / 6
0score
$439,000
MLS Street view
Search photos

252 Iowa St

Indianapolis IN 46225 · Single Family · built 1888
4 bd3 ba2,456 sqft$179/sqft vs ZIP $148 +21%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,650/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.

The underwriting

The numbers (estimates, illustrative)

$439,000List price
$2,650Rent estimate / mo
0.91Lender DSCR (est.)
$5,218Taxes / yr · county assessor
$148ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$2,650
− Mortgage (P&I)−$2,302
− Taxes−$435
− Insurance−$183
= Cash flow before vacancy & repairs$-270

The numbers

Price
$439,000
$ / sq ft
$179 ZIP median $148
Rent estimate
$2,650/mo ZIP + bedroom comps
Property taxes
$5,218/yr 2% cap on assessed value $260,900
PITIA (assumed)
$2,920/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.91 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
4 / 3
Living area
2,456 sq ft
Lot
4,356 sq ft
Year built
1888
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22123976
Listed
Sep 3, 2026
Days on market
30
Listing agent
Jacob Bonds · Keller Williams Indy Metro S
3178353382 · jakebonds@kw.com
Price history
First asked $439,000
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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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