Street view of 339 N Bosart Ave
1 / 6
46score
↓ $55,001
$219,999
MLS Street view
Search photos

339 N Bosart Ave

Indianapolis IN 46201 · Single Family · built 1920
4 bd3.5 ba2,075 sqft$106/sqft vs ZIP $141 −25%
1.13 lender DSCR (est.)
Rent covers the estimated payment 1.13× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,820/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.

25% under ZIP $/sqftprice cut 25%
The underwriting

The numbers (estimates, illustrative)

$219,999List price
$1,820Rent estimate / mo
1.13Lender DSCR (est.)
$4,322Taxes / yr · county assessor
$141ZIP median $ / sqft
46/100Deal Score

Monthly picture (illustrative)

Rent est.$1,820
− Mortgage (P&I)−$1,154
− Taxes−$360
− Insurance−$92
= Cash flow before vacancy & repairs$214

The numbers

Price
$219,999
$ / sq ft
$106 ZIP median $141
Rent estimate
$1,820/mo ZIP + bedroom comps
Property taxes
$4,322/yr 2% cap on assessed value $216,100
PITIA (assumed)
$1,606/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.13 rent ÷ PITIA · lender floor 1.20
Deal Score
46/100 25% under ZIP $/sqft · price cut 25%

The property

Beds / baths
4 / 3.5
Living area
2,075 sq ft
Lot
6,534 sq ft
Year built
1920
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119733
Listed
Aug 12, 2026
Days on market
66
Listing agent
Ely Berger · The Modglin Group
3173413325 · ely@themodglingroup.com
Price history
First asked $275,000 · previously $239,999 cut $55,001
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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.

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