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61score
$99,900
MLS
Street view1014 E Legrande Ave
Indianapolis IN 46203 · Single Family · built 1920
2 bd2 ba1,311 sqft$76/sqft vs ZIP $168 −55%
1.53 lender DSCR (est.)
Rent covers the estimated payment 1.53× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,250/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.
DSCR 1.5355% under ZIP $/sqftverify conditionbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$99,900List price
$1,250Rent estimate / mo
1.53Lender DSCR (est.)
$3,002Taxes / yr · county assessor
$168ZIP median $ / sqft
61/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,250 |
| − Mortgage (P&I) | −$524 |
| − Taxes | −$250 |
| − Insurance | −$42 |
| = Cash flow before vacancy & repairs | $434 |
The numbers
- Price
- $99,900
- $ / sq ft
- $76 ZIP median $168
- Rent estimate
- $1,250/mo ZIP + bedroom comps
- Property taxes
- $3,002/yr 2% cap on assessed value $150,100
- PITIA (assumed)
- $816/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.53 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 61/100 DSCR 1.53 · 55% under ZIP $/sqft · verify condition · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,311 sq ft
- Lot
- 2,178 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125292
- Listed
- Sep 21, 2026
- Days on market
- 10
- Listing agent
- Trent Kiester · @properties
3176506289 · trentkiester@atpropertiesind.com - Price history
- First asked $99,900
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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.