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23score
New Construction
$169,500
MLS
Street view857 N Oakland Ave
Indianapolis IN 46201 · Single Family · built 2025
3 bd2 ba1,200 sqft$141/sqft vs ZIP $141 −0%
1.18 lender DSCR (est.)
Rent covers the estimated payment 1.18× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,450/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$169,500List price
$1,450Rent estimate / mo
1.18Lender DSCR (est.)
$2,034Taxes / yr · assumed 1.2%
$141ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$889 |
| − Taxes | −$170 |
| − Insurance | −$71 |
| − HOA | −$100 |
| = Cash flow before vacancy & repairs | $221 |
The numbers
- Price
- $169,500
- $ / sq ft
- $141 ZIP median $141
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $2,034/yr assumed 1.2% of price
- PITIA (assumed)
- $1,229/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $100/mo
- Lender DSCR (est.)
- 1.18 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,200 sq ft
- Lot
- 5,227 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $100/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22110196
- Listed
- Jun 29, 2026
- Days on market
- 124
- Listing agent
- Rochelle Perkins · Garnet Group
7656097316 · rochelle@rochelleknowsindy.com - Price history
- First asked $169,500
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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.