Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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5score
$378,000
MLS
Street view740 Parkway Ave
Indianapolis IN 46203 · Single Family · built 1900
4 bd2.5 ba1,749 sqft$216/sqft vs ZIP $168 +29%
0.74 lender DSCR (est.)
Rent covers the estimated payment 0.74× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,095/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$378,000List price
$2,095Rent estimate / mo
0.74Lender DSCR (est.)
$8,070Taxes / yr · county assessor
$168ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$1,982 |
| − Taxes | −$673 |
| − Insurance | −$158 |
| = Cash flow before vacancy & repairs | $-717 |
The numbers
- Price
- $378,000
- $ / sq ft
- $216 ZIP median $168
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $8,070/yr 2% cap on assessed value $403,500
- PITIA (assumed)
- $2,812/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,749 sq ft
- Lot
- 3,485 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112168
- Listed
- Jul 8, 2026
- Days on market
- 87
- Listing agent
- Dorothy Carter · Highgarden Real Estate
3175123219 · dcarter@highgarden.com - Price history
- First asked $378,000
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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.