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20score
$335,000
MLS
Street view3126 N College Ave
Indianapolis IN 46205 · Multi-Family · built 1915
6 bd3 ba2,680 sqft$125/sqft vs ZIP $165 −24%
0.85 lender DSCR (est.)
Rent covers the estimated payment 0.85× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,983/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.
24% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$335,000List price
$1,983Rent estimate / mo
0.85Lender DSCR (est.)
$5,340Taxes / yr · county assessor
$165ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,983 |
| − Mortgage (P&I) | −$1,757 |
| − Taxes | −$445 |
| − Insurance | −$140 |
| = Cash flow before vacancy & repairs | $-358 |
The numbers
- Price
- $335,000
- $ / sq ft
- $125 ZIP median $165
- Rent estimate
- $1,983/mo HUD fair-market rent
- Property taxes
- $5,340/yr 2% cap on assessed value $267,000
- PITIA (assumed)
- $2,341/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.85 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 24% under ZIP $/sqft
The property
- Beds / baths
- 6 / 3
- Living area
- 2,680 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1915
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131357
- Listed
- Oct 15, 2026
- Days on market
- 17
- Listing agent
- Garrett Lawton · Trueblood Real Estate
3174108851 · g.lawton@truebloodre.com - Price history
- First asked $335,000
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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.