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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0score
New Construction
$375,000
MLS
Street view3135 Boulevard Pl
Indianapolis IN 46208 · Multi-Family · built 2026
2 bd2 ba
0.43 lender DSCR (est.)
Rent covers the estimated payment 0.43× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,075/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)
$375,000List price
$1,075Rent estimate / mo
0.43Lender DSCR (est.)
$4,500Taxes / yr · assumed 1.2%
$126ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$1,967 |
| − Taxes | −$375 |
| − Insurance | −$156 |
| = Cash flow before vacancy & repairs | $-1,423 |
The numbers
- Price
- $375,000
- $ / sq ft
- —
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $4,500/yr assumed 1.2% of price
- PITIA (assumed)
- $2,498/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.43 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2
- Living area
- —
- Lot
- 5,227 sq ft
- Year built
- 2026
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22118629
- Listed
- Sep 3, 2026
- Days on market
- 30
- Listing agent
- Alec Neu · Neu Real Estate Group
3172583080 · alec@neurealestategroup.com - Price history
- First asked $375,000
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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.