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15score
New Construction
$185,000
MLS
Street view256 N Randolph St
Indianapolis IN 46201 · Townhouse · built 2025
3 bd2 ba1,284 sqft$144/sqft vs ZIP $141 +2%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,450/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)
$185,000List price
$1,450Rent estimate / mo
1.13Lender DSCR (est.)
$2,220Taxes / yr · assumed 1.2%
$141ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$970 |
| − Taxes | −$185 |
| − Insurance | −$77 |
| − HOA | −$50 |
| = Cash flow before vacancy & repairs | $168 |
The numbers
- Price
- $185,000
- $ / sq ft
- $144 ZIP median $141
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $2,220/yr assumed 1.2% of price
- PITIA (assumed)
- $1,282/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $50/mo
- Lender DSCR (est.)
- 1.13 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,284 sq ft
- Lot
- 3,920 sq ft
- Year built
- 2025
- Property type
- Townhouse
- HOA
- $50/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22111687
- Listed
- Jul 7, 2026
- Days on market
- 102
- Listing agent
- Chanda Johnson · Maywright Property Co.
3175131101 · chanda@maywright.com - Price history
- First asked $185,000
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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.