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
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18score
↓ $24,999
$590,000
MLS
Street view3017 N Delaware St
Indianapolis IN 46205 · Single Family · built 1915
4 bd3.5 ba4,048 sqft$146/sqft vs ZIP $165 −12%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,295/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.
12% under ZIP $/sqftprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$590,000List price
$2,295Rent estimate / mo
0.56Lender DSCR (est.)
$8,960Taxes / yr · county assessor
$165ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,295 |
| − Mortgage (P&I) | −$3,094 |
| − Taxes | −$747 |
| − Insurance | −$246 |
| = Cash flow before vacancy & repairs | $-1,792 |
The numbers
- Price
- $590,000
- $ / sq ft
- $146 ZIP median $165
- Rent estimate
- $2,295/mo ZIP + bedroom comps
- Property taxes
- $8,960/yr 2% cap on assessed value $448,000
- PITIA (assumed)
- $4,087/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 12% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 4 / 3.5
- Living area
- 4,048 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1915
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123401
- Listed
- Sep 11, 2026
- Days on market
- 22
- Listing agent
- Summer Hudson · eXp Realty, LLC
3176226575 · findalottolove@gmail.com - Price history
- First asked $614,999 · previously $614,999 cut $24,999
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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.