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
1 / 6
0score
$525,000
MLS
Street view3535 N College Ave
Indianapolis IN 46205 · Multi-Family · built 1910
12 bd4 ba
0.61 lender DSCR (est.)
Rent covers the estimated payment 0.61× · 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.
The underwriting
The numbers (estimates, illustrative)
$525,000List price
$2,026Rent estimate / mo
0.61Lender DSCR (est.)
$4,144Taxes / yr · county assessor
$165ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$2,753 |
| − Taxes | −$345 |
| − Insurance | −$219 |
| = Cash flow before vacancy & repairs | $-1,291 |
The numbers
- Price
- $525,000
- $ / sq ft
- —
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $4,144/yr 2% cap on assessed value $207,200
- PITIA (assumed)
- $3,317/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.61 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 12 / 4
- Living area
- —
- Lot
- 6,534 sq ft
- Year built
- 1910
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22089148
- Listed
- Mar 23, 2026
- Days on market
- 194
- Listing agent
- Kristin Glassburn · @properties
3175134251 · kris@platcollective.com - Price history
- First asked $525,000
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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.