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0score
New Construction
$475,000
MLS
Street view2943 Macpherson Ave
Indianapolis IN 46205 · Multi-Family · built 2026
3 bd2 ba
0.52 lender DSCR (est.)
Rent covers the estimated payment 0.52× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,638/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)
$475,000List price
$1,638Rent estimate / mo
0.52Lender DSCR (est.)
$5,700Taxes / yr · assumed 1.2%
$165ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,638 |
| − Mortgage (P&I) | −$2,491 |
| − Taxes | −$475 |
| − Insurance | −$198 |
| = Cash flow before vacancy & repairs | $-1,526 |
The numbers
- Price
- $475,000
- $ / sq ft
- —
- Rent estimate
- $1,638/mo ZIP + bedroom comps
- Property taxes
- $5,700/yr assumed 1.2% of price
- PITIA (assumed)
- $3,164/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.52 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- —
- Lot
- 4,792 sq ft
- Year built
- 2026
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22129558
- Listed
- Oct 15, 2026
- Days on market
- 17
- Listing agent
- Alec Neu · Neu Real Estate Group
3172583080 · alec@neurealestategroup.com - Price history
- First asked $475,000
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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.