1 / 6
19score
↓ $10,000
$239,900
MLS
Street view1016 W Epler Ave
Indianapolis IN 46217 · Single Family · built 1937
3 bd2 ba1,152 sqft$208/sqft vs ZIP $164 +27%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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.
price cut 4%below assessed value
The underwriting
The numbers (estimates, illustrative)
$239,900List price
$1,820Rent estimate / mo
0.99Lender DSCR (est.)
$5,796Taxes / yr · county assessor
$164ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$1,258 |
| − Taxes | −$483 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $-21 |
The numbers
- Price
- $239,900
- $ / sq ft
- $208 ZIP median $164
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $5,796/yr 2% cap on assessed value $289,800
- PITIA (assumed)
- $1,841/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 price cut 4% · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,152 sq ft
- Lot
- 43,560 sq ft
- Year built
- 1937
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22122741
- Listed
- Aug 27, 2026
- Days on market
- 51
- Listing agent
- Denise Wilson · REMAX ONE
3173399205 · denisewilsonrealtor@gmail.com - Price history
- First asked $249,900 · previously $249,900 cut $10,000
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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.