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30score
New
$260,000
MLS
Street view414 N Harbison Ave
Indianapolis IN 46219 · Single Family · built 1948
3 bd1.5 ba2,718 sqft$96/sqft vs ZIP $142 −33%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,480/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.
33% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$260,000List price
$1,480Rent estimate / mo
0.81Lender DSCR (est.)
$4,354Taxes / yr · county assessor
$142ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,480 |
| − Mortgage (P&I) | −$1,363 |
| − Taxes | −$363 |
| − Insurance | −$108 |
| = Cash flow before vacancy & repairs | $-355 |
The numbers
- Price
- $260,000
- $ / sq ft
- $96 ZIP median $142
- Rent estimate
- $1,480/mo ZIP + bedroom comps
- Property taxes
- $4,354/yr 2% cap on assessed value $217,700
- PITIA (assumed)
- $1,835/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 33% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 1.5
- Living area
- 2,718 sq ft
- Lot
- 30,056 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131816
- Listed
- Oct 15, 2026
- Days on market
- 3
- Listing agent
- Josh Carpenter · Trueblood Real Estate
3174029111 · josh@wesellindyteam.com - Price history
- First asked $260,000
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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.