1 / 6
27score
↓ $49,500
$190,000
MLS
Street view3440 N Capitol Ave
Indianapolis IN 46208 · Single Family · built 2024
3 bd2.5 ba1,672 sqft$114/sqft vs ZIP $126 −10%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/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.
10% under ZIP $/sqftprice cut 26%below assessed value
The underwriting
The numbers (estimates, illustrative)
$190,000List price
$1,350Rent estimate / mo
0.95Lender DSCR (est.)
$4,106Taxes / yr · county assessor
$126ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$342 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $-68 |
The numbers
- Price
- $190,000
- $ / sq ft
- $114 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $4,106/yr 2% cap on assessed value $205,300
- PITIA (assumed)
- $1,418/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.95 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 10% under ZIP $/sqft · price cut 26% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,672 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2024
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123056
- Listed
- Aug 28, 2026
- Days on market
- 50
- Listing agent
- Samuel Snell · Berkshire Hathaway HomeServices Indiana Realty
3175585806 · ssnell@prudentialindiana.com - Price history
- First asked $239,500 · previously $239,500 cut $49,500
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.