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28score
NewNew Construction
$225,000
MLS
Street view922 E 24th St
Indianapolis IN 46205 · Single Family · built 2025
3 bd2.5 ba1,526 sqft$147/sqft vs ZIP $165 −11%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,710/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.
11% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,710Rent estimate / mo
1.04Lender DSCR (est.)
$2,700Taxes / yr · assumed 1.2%
$165ZIP median $ / sqft
28/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$225 |
| − Insurance | −$94 |
| − HOA | −$150 |
| = Cash flow before vacancy & repairs | $61 |
The numbers
- Price
- $225,000
- $ / sq ft
- $147 ZIP median $165
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $2,700/yr assumed 1.2% of price
- PITIA (assumed)
- $1,649/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $150/mo
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 28/100 11% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,526 sq ft
- Lot
- 2,178 sq ft
- Year built
- 2025
- Property type
- Single Family
- HOA
- $150/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- New Construction
- MLS #
- 22131677
- Listed
- Oct 16, 2026
- Days on market
- 2
- Listing agent
- Candice Childs · Scott Estates
3174004729 · candice@scottestates.net - Price history
- First asked $225,000
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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.