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25score
$360,000
MLS
Street view5312 E Southern Ave
Indianapolis IN 46203 · Single Family · built 1874
4 bd2.5 ba2,804 sqft$128/sqft vs ZIP $168 −24%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,250/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.
24% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$360,000List price
$2,250Rent estimate / mo
0.84Lender DSCR (est.)
$7,730Taxes / yr · county assessor
$168ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,250 |
| − Mortgage (P&I) | −$1,888 |
| − Taxes | −$644 |
| − Insurance | −$150 |
| = Cash flow before vacancy & repairs | $-432 |
The numbers
- Price
- $360,000
- $ / sq ft
- $128 ZIP median $168
- Rent estimate
- $2,250/mo ZIP + bedroom comps
- Property taxes
- $7,730/yr 2% cap on assessed value $386,500
- PITIA (assumed)
- $2,682/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 24% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,804 sq ft
- Lot
- 64,033 sq ft
- Year built
- 1874
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125261
- Listed
- Sep 11, 2026
- Days on market
- 22
- Listing agent
- Ben Decamp · F.C. Tucker Company - Carmel
3174171104 · ben.decamp@talktotucker.com - Price history
- First asked $360,000
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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.