1 / 6
18score
↓ $4,900
$295,000
MLS
Street view1023 Collier St
Indianapolis IN 46241 · Single Family · built 1930
4 bd2 ba2,267 sqft$130/sqft vs ZIP $157 −17%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,888/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.
17% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$295,000List price
$1,888Rent estimate / mo
0.89Lender DSCR (est.)
$5,394Taxes / yr · county assessor
$157ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,888 |
| − Mortgage (P&I) | −$1,547 |
| − Taxes | −$450 |
| − Insurance | −$123 |
| = Cash flow before vacancy & repairs | $-231 |
The numbers
- Price
- $295,000
- $ / sq ft
- $130 ZIP median $157
- Rent estimate
- $1,888/mo HUD fair-market rent
- Property taxes
- $5,394/yr 2% cap on assessed value $269,700
- PITIA (assumed)
- $2,119/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 17% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 4 / 2
- Living area
- 2,267 sq ft
- Lot
- 13,504 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- FLD
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110605
- Listed
- Jul 31, 2026
- Days on market
- 78
- Listing agent
- Sam Hawkins · F.C. Tucker Company - Keystone at the Crossing
3176799211 · sam@thehawkinsagency.com - Price history
- First asked $299,900 · previously $299,900 cut $4,900
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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.