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Street view of 526 N Elder Ave
1 / 6
0score
$449,999
MLS Street view
Search photos

526 N Elder Ave

Indianapolis IN 46222 · Multi-Family · built 2025
2 bd2 ba
0.34 lender DSCR (est.)
Rent covers the estimated payment 0.34× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,033/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.

The underwriting

The numbers (estimates, illustrative)

$449,999List price
$1,033Rent estimate / mo
0.34Lender DSCR (est.)
$5,378Taxes / yr · county assessor
$158ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,033
− Mortgage (P&I)−$2,360
− Taxes−$448
− Insurance−$187
= Cash flow before vacancy & repairs$-1,963

The numbers

Price
$449,999
$ / sq ft
—
Rent estimate
$1,033/mo ZIP + bedroom comps
Property taxes
$5,378/yr 2% cap on assessed value $268,900
PITIA (assumed)
$2,996/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.34 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
2 / 2
Living area
—
Lot
4,356 sq ft
Year built
2025
Property type
Multi-Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22108327
Listed
Jun 15, 2026
Days on market
110
Listing agent
Nicole Crouch · Crossroads Realty, LLC
3175147959 · crossroadsrealty@outlook.com
Price history
First asked $449,999
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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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