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1score
$230,000
MLS
Street view345 Congress Ave
Indianapolis IN 46208 · Single Family · built 1921
3 bd2 ba1,838 sqft$125/sqft vs ZIP $126 −1%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · 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.
The underwriting
The numbers (estimates, illustrative)
$230,000List price
$1,350Rent estimate / mo
0.91Lender DSCR (est.)
$2,266Taxes / yr · county assessor
$126ZIP median $ / sqft
1/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$189 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $-141 |
The numbers
- Price
- $230,000
- $ / sq ft
- $125 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $2,266/yr 2% cap on assessed value $113,300
- PITIA (assumed)
- $1,491/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 1/100
The property
- Beds / baths
- 3 / 2
- Living area
- 1,838 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1921
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22084869
- Listed
- Feb 24, 2026
- Days on market
- 235
- Listing agent
- Valerie Vaughn · Match House Realty Group LLC
3177289618 · valerie@matchhouserealty.com - Price history
- First asked $230,000
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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.