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Street view of 71 Steeples Blvd
1 / 6
3score
↓ $5,000New Construction
$345,000
MLS Street view
Search photos

71 Steeples Blvd

Indianapolis IN 46222 · Single Family · built 2026
3 bd2.5 ba2,076 sqft$166/sqft vs ZIP $158 +5%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,700/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.

price cut 1%
The underwriting

The numbers (estimates, illustrative)

$345,000List price
$1,700Rent estimate / mo
0.73Lender DSCR (est.)
$4,140Taxes / yr · assumed 1.2%
$158ZIP median $ / sqft
3/100Deal Score

Monthly picture (illustrative)

Rent est.$1,700
− Mortgage (P&I)−$1,809
− Taxes−$345
− Insurance−$144
− HOA−$32
= Cash flow before vacancy & repairs$-630

The numbers

Price
$345,000
$ / sq ft
$166 ZIP median $158
Rent estimate
$1,700/mo ZIP + bedroom comps
Property taxes
$4,140/yr assumed 1.2% of price
PITIA (assumed)
$2,330/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $32/mo
Lender DSCR (est.)
0.73 rent ÷ PITIA · lender floor 1.20
Deal Score
3/100 price cut 1%

The property

Beds / baths
3 / 2.5
Living area
2,076 sq ft
Lot
3,223 sq ft
Year built
2026
Property type
Single Family
HOA
$32/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
22102732
Listed
May 18, 2026
Days on market
138
Listing agent
Marie Edwards · HMS Real Estate
3178460777 · mlsinfo@hmsmarketingservices.com
Price history
First asked $350,000 · previously $350,000 cut $5,000
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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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