Street view of 357 N Kenyon St
1 / 6
0score
$319,900
MLS Street view
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357 N Kenyon St

Indianapolis IN 46219 · Single Family · built 1921
3 bd1 ba1,542 sqft$207/sqft vs ZIP $145 +43%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,500/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)

$319,900List price
$1,500Rent estimate / mo
0.67Lender DSCR (est.)
$5,328Taxes / yr · county assessor
$145ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,500
− Mortgage (P&I)−$1,678
− Taxes−$444
− Insurance−$133
= Cash flow before vacancy & repairs$-755

The numbers

Price
$319,900
$ / sq ft
$207 ZIP median $145
Rent estimate
$1,500/mo ZIP + bedroom comps
Property taxes
$5,328/yr 2% cap on assessed value $266,400
PITIA (assumed)
$2,255/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.67 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
3 / 1
Living area
1,542 sq ft
Lot
7,405 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 #
22127883
Listed
Sep 24, 2026
Days on market
9
Listing agent
Terry Melvin · REMAX ONE
3174435695 · movinwithmelvin@gmail.com
Price history
First asked $319,900
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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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