Last confirmed active 18 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
10score
↓ $31,000
$369,000
MLS
Street view4350 N Illinois St
Indianapolis IN 46208 · Single Family · built 1922
3 bd2.5 ba1,532 sqft$241/sqft vs ZIP $126 +91%
0.51 lender DSCR (est.)
Rent covers the estimated payment 0.51× · 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.
price cut 8%
The underwriting
The numbers (estimates, illustrative)
$369,000List price
$1,350Rent estimate / mo
0.51Lender DSCR (est.)
$6,498Taxes / yr · county assessor
$126ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,935 |
| − Taxes | −$542 |
| − Insurance | −$154 |
| = Cash flow before vacancy & repairs | $-1,280 |
The numbers
- Price
- $369,000
- $ / sq ft
- $241 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $6,498/yr 2% cap on assessed value $324,900
- PITIA (assumed)
- $2,630/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 8%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,532 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1922
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127196
- Listed
- Sep 22, 2026
- Days on market
- 11
- Listing agent
- Lakeshia N. Adkins, Realtor · Exp Realty, LLC
3179831845 · lakeshia.adkins@gmail.com - Price history
- First asked $400,000 · previously $400,000 cut $31,000
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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.