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
1 / 6
14score
↓ $1,000
$353,400
MLS
Street view264 E Caven St
Indianapolis IN 46225 · Single Family · built 1951
5 bd2 ba2,842 sqft$124/sqft vs ZIP $148 −16%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,808/mo (HUD fair-market rent) ÷ 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.
16% under ZIP $/sqftprice cut 0%
The underwriting
The numbers (estimates, illustrative)
$353,400List price
$1,808Rent estimate / mo
0.78Lender DSCR (est.)
$3,706Taxes / yr · county assessor
$148ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,808 |
| − Mortgage (P&I) | −$1,853 |
| − Taxes | −$309 |
| − Insurance | −$147 |
| = Cash flow before vacancy & repairs | $-501 |
The numbers
- Price
- $353,400
- $ / sq ft
- $124 ZIP median $148
- Rent estimate
- $1,808/mo HUD fair-market rent
- Property taxes
- $3,706/yr 2% cap on assessed value $185,300
- PITIA (assumed)
- $2,309/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 16% under ZIP $/sqft · price cut 0%
The property
- Beds / baths
- 5 / 2
- Living area
- 2,842 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1951
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109998
- Listed
- Jun 24, 2026
- Days on market
- 101
- Listing agent
- Candy Bair · Re/Max Real Estate Solutions
7656029333 · candy@candybair.com - Price history
- First asked $354,400 · previously $354,400 cut $1,000
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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.