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
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23score
↓ $20,000New Construction
$329,900
MLS
Street view4548 Caroline St
Indianapolis IN 46205 · Single Family · built 2026
3 bd2.5 ba2,380 sqft$139/sqft vs ZIP $165 −16%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
16% under ZIP $/sqftprice cut 6%
The underwriting
The numbers (estimates, illustrative)
$329,900List price
$1,710Rent estimate / mo
0.78Lender DSCR (est.)
$3,959Taxes / yr · assumed 1.2%
$165ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,730 |
| − Taxes | −$330 |
| − Insurance | −$137 |
| = Cash flow before vacancy & repairs | $-487 |
The numbers
- Price
- $329,900
- $ / sq ft
- $139 ZIP median $165
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $3,959/yr assumed 1.2% of price
- PITIA (assumed)
- $2,197/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 16% under ZIP $/sqft · price cut 6%
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,380 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2026
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22121363
- Listed
- Aug 21, 2026
- Days on market
- 43
- Listing agent
- Lauren Hicks · @Home Indiana
3177770210 · laurenhicks@gmail.com - Price history
- First asked $349,900 · previously $349,900 cut $20,000
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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.