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14score
$349,900
MLS
Street view652 Marion Ave
Indianapolis IN 46221 · Single Family
3 bd2.5 ba2,844 sqft$123/sqft vs ZIP $147 −16%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,725/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.
16% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$349,900List price
$1,725Rent estimate / mo
0.80Lender DSCR (est.)
$2,164Taxes / yr · county assessor
$147ZIP median $ / sqft
14/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,725 |
| − Mortgage (P&I) | −$1,835 |
| − Taxes | −$180 |
| − Insurance | −$146 |
| = Cash flow before vacancy & repairs | $-436 |
The numbers
- Price
- $349,900
- $ / sq ft
- $123 ZIP median $147
- Rent estimate
- $1,725/mo ZIP + bedroom comps
- Property taxes
- $2,164/yr 2% cap on assessed value $108,200
- PITIA (assumed)
- $2,161/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 14/100 16% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,844 sq ft
- Lot
- 6,098 sq ft
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 11931297
- Listed
- Aug 13, 2026
- Days on market
- 51
- Listing agent
- Bradley Ontrop · Base Camp Country Real Estate
8882240517 · brad.ontrop@basecampcountry.com - Price history
- First asked $349,900
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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.