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5score
$375,000
MLS
Street view4840 N Capitol Ave
Indianapolis IN 46208 · Single Family · built 1922
2 bd1.5 ba1,779 sqft$211/sqft vs ZIP $126 +67%
0.38 lender DSCR (est.)
Rent covers the estimated payment 0.38× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,075/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$375,000List price
$1,075Rent estimate / mo
0.38Lender DSCR (est.)
$8,150Taxes / yr · county assessor
$126ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$1,967 |
| − Taxes | −$679 |
| − Insurance | −$156 |
| = Cash flow before vacancy & repairs | $-1,727 |
The numbers
- Price
- $375,000
- $ / sq ft
- $211 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $8,150/yr 2% cap on assessed value $407,500
- PITIA (assumed)
- $2,802/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.38 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,779 sq ft
- Lot
- 9,583 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 #
- 22108302
- Listed
- Jun 15, 2026
- Days on market
- 110
- Listing agent
- Jennifer Wilmoth · Wilmoth Group
3178423400 · joel@wilmothgroup.com - Price history
- First asked $375,000
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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.