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18score
$252,500
MLS
Street view2935 N Capitol Ave
Indianapolis IN 46208 · Single Family · built 1920
4 bd3 ba1,550 sqft$163/sqft vs ZIP $126 +29%
1.18 lender DSCR (est.)
Rent covers the estimated payment 1.18× · walk-away floor 1.20 · high 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 from the county assessor. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$252,500List price
$2,095Rent estimate / mo
1.18Lender DSCR (est.)
$4,222Taxes / yr · county assessor
$126ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$1,324 |
| − Taxes | −$352 |
| − Insurance | −$105 |
| = Cash flow before vacancy & repairs | $314 |
The numbers
- Price
- $252,500
- $ / sq ft
- $163 ZIP median $126
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $4,222/yr 2% cap on assessed value $211,100
- PITIA (assumed)
- $1,781/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.18 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100
The property
- Beds / baths
- 4 / 3
- Living area
- 1,550 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118728
- Listed
- Aug 6, 2026
- Days on market
- 72
- Listing agent
- Courtney Walsh · eXp Realty, LLC
3174915930 · cnwalsh353@gmail.com - Price history
- First asked $252,500
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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.