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57score
New
$105,000
MLS
Street view101 Monroe St
Indianapolis IN 46229 · Single Family · built 1924
2 bd1 ba899 sqft$117/sqft vs ZIP $138 −15%
1.42 lender DSCR (est.)
Rent covers the estimated payment 1.42× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,098/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.
DSCR 1.4216% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$105,000List price
$1,098Rent estimate / mo
1.42Lender DSCR (est.)
$2,118Taxes / yr · county assessor
$138ZIP median $ / sqft
57/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,098 |
| − Mortgage (P&I) | −$551 |
| − Taxes | −$177 |
| − Insurance | −$44 |
| = Cash flow before vacancy & repairs | $327 |
The numbers
- Price
- $105,000
- $ / sq ft
- $117 ZIP median $138
- Rent estimate
- $1,098/mo HUD fair-market rent
- Property taxes
- $2,118/yr 2% cap on assessed value $105,900
- PITIA (assumed)
- $771/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.42 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 57/100 DSCR 1.42 · 16% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 899 sq ft
- Lot
- 8,712 sq ft
- Year built
- 1924
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128765
- Listed
- Sep 29, 2026
- Days on market
- 4
- Listing agent
- Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com - Price history
- First asked $105,000
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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.