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22score
$309,900
MLS
Street view2945 S Kenmore Rd
Indianapolis IN 46203 · Single Family · built 1963
4 bd2 ba2,226 sqft$139/sqft vs ZIP $168 −17%
1.02 lender DSCR (est.)
Rent covers the estimated payment 1.02× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,250/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.
17% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$309,900List price
$2,250Rent estimate / mo
1.02Lender DSCR (est.)
$5,304Taxes / yr · county assessor
$168ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,250 |
| − Mortgage (P&I) | −$1,625 |
| − Taxes | −$442 |
| − Insurance | −$129 |
| = Cash flow before vacancy & repairs | $54 |
The numbers
- Price
- $309,900
- $ / sq ft
- $139 ZIP median $168
- Rent estimate
- $2,250/mo ZIP + bedroom comps
- Property taxes
- $5,304/yr 2% cap on assessed value $265,200
- PITIA (assumed)
- $2,196/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 17% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2
- Living area
- 2,226 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1963
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124955
- Listed
- Sep 10, 2026
- Days on market
- 23
- Listing agent
- Kathy Arsenault · Arsenault Group Realty, Inc.
3175381192 · karsenault4@aol.com - Price history
- First asked $309,900
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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.