Last confirmed active 19 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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25score
$385,000
MLS
Street view3408 Winthrop Ave
Indianapolis IN 46205 · Multi-Family · built 1955
6 bd4 ba3,400 sqft$113/sqft vs ZIP $165 −31%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/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.
32% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$385,000List price
$2,026Rent estimate / mo
0.73Lender DSCR (est.)
$7,130Taxes / yr · county assessor
$165ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$2,019 |
| − Taxes | −$594 |
| − Insurance | −$160 |
| = Cash flow before vacancy & repairs | $-748 |
The numbers
- Price
- $385,000
- $ / sq ft
- $113 ZIP median $165
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $7,130/yr 2% cap on assessed value $356,500
- PITIA (assumed)
- $2,774/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 32% under ZIP $/sqft
The property
- Beds / baths
- 6 / 4
- Living area
- 3,400 sq ft
- Lot
- 9,583 sq ft
- Year built
- 1955
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113958
- Listed
- Jul 14, 2026
- Days on market
- 81
- Listing agent
- Scott Veerkamp · My Agent
3179794663 · internetlead@myagentcafe.com - Price history
- First asked $385,000
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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.