Street view of 4347 Middlemist Way
1 / 6
14score
NewNew Construction
$246,995
MLS Street view
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4347 Middlemist Way

Indianapolis IN 46235 · Single Family · built 2026
3 bd2.5 ba1,430 sqft$173/sqft vs ZIP $138 +25%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,740/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

new this week
The underwriting

The numbers (estimates, illustrative)

$246,995List price
$1,740Rent estimate / mo
1.03Lender DSCR (est.)
$2,964Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
14/100Deal Score

Monthly picture (illustrative)

Rent est.$1,740
− Mortgage (P&I)−$1,295
− Taxes−$247
− Insurance−$103
− HOA−$38
= Cash flow before vacancy & repairs$57

The numbers

Price
$246,995
$ / sq ft
$173 ZIP median $138
Rent estimate
$1,740/mo ZIP + bedroom comps
Property taxes
$2,964/yr assumed 1.2% of price
PITIA (assumed)
$1,683/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $38/mo
Lender DSCR (est.)
1.03 rent ÷ PITIA · lender floor 1.20
Deal Score
14/100 new this week

The property

Beds / baths
3 / 2.5
Living area
1,430 sq ft
Lot
3,049 sq ft
Year built
2026
Property type
Single Family
HOA
$38/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
22130377
Listed
Oct 16, 2026
Days on market
2
Listing agent
Britanny Deal · Ridgeline Realty, Llc
3177579899 · britannydeal1@gmail.com
Price history
First asked $246,995
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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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