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16score
$595,000
MLS
Street view1000 E 81st St
Indianapolis IN 46240 · Single Family · built 1953
3 bd2.5 ba3,576 sqft$166/sqft vs ZIP $205 −19%
0.45 lender DSCR (est.)
Rent covers the estimated payment 0.45× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,919/mo (HUD fair-market rent) ÷ 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.
19% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$595,000List price
$1,919Rent estimate / mo
0.45Lender DSCR (est.)
$10,672Taxes / yr · county assessor
$205ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,919 |
| − Mortgage (P&I) | −$3,120 |
| − Taxes | −$889 |
| − Insurance | −$248 |
| = Cash flow before vacancy & repairs | $-2,338 |
The numbers
- Price
- $595,000
- $ / sq ft
- $166 ZIP median $205
- Rent estimate
- $1,919/mo HUD fair-market rent
- Property taxes
- $10,672/yr 2% cap on assessed value $533,600
- PITIA (assumed)
- $4,257/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.45 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 19% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 3,576 sq ft
- Lot
- 40,075 sq ft
- Year built
- 1953
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118141
- Listed
- Aug 21, 2026
- Days on market
- 43
- Listing agent
- Brenda Bowman · F.C. Tucker Company - Fishers/Geist
3175703800 · brendatanseybowman@gmail.com - Price history
- First asked $595,000
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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.