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
Street view of 5824 S Keystone Ave
1 / 6
10score
↓ $20,000
$320,000
MLS Street view
Search photos

5824 S Keystone Ave

Indianapolis IN 46227 · Single Family · built 1977
3 bd2 ba1,947 sqft$164/sqft vs ZIP $156 +5%
0.82 lender DSCR (est.)
Rent covers the estimated payment 0.82× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,850/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 6%
The underwriting

The numbers (estimates, illustrative)

$320,000List price
$1,850Rent estimate / mo
0.82Lender DSCR (est.)
$5,234Taxes / yr · county assessor
$156ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$1,850
− Mortgage (P&I)−$1,678
− Taxes−$436
− Insurance−$133
= Cash flow before vacancy & repairs$-398

The numbers

Price
$320,000
$ / sq ft
$164 ZIP median $156
Rent estimate
$1,850/mo ZIP + bedroom comps
Property taxes
$5,234/yr 2% cap on assessed value $261,700
PITIA (assumed)
$2,248/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.82 rent ÷ PITIA · lender floor 1.20
Deal Score
10/100 price cut 6%

The property

Beds / baths
3 / 2
Living area
1,947 sq ft
Lot
29,185 sq ft
Year built
1977
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22122797
Listed
Aug 28, 2026
Days on market
36
Listing agent
Tricia Kincaid · Indianapolis Homes Realty Grou
3177211187 · tricia@indyhomesrealty.com
Price history
First asked $340,000 · previously $340,000 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.

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