1 / 6
19score
↓ $5,500
$239,500
MLS
Street view1033 S Randolph St
Indianapolis IN 46203 · Single Family · built 1925
3 bd2 ba1,611 sqft$149/sqft vs ZIP $168 −12%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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.
11% under ZIP $/sqftprice cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$239,500List price
$1,500Rent estimate / mo
0.81Lender DSCR (est.)
$5,866Taxes / yr · county assessor
$168ZIP median $ / sqft
19/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,256 |
| − Taxes | −$489 |
| − Insurance | −$100 |
| = Cash flow before vacancy & repairs | $-345 |
The numbers
- Price
- $239,500
- $ / sq ft
- $149 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $5,866/yr 2% cap on assessed value $293,300
- PITIA (assumed)
- $1,845/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 19/100 11% under ZIP $/sqft · price cut 2% · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,611 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1925
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116342
- Listed
- Jul 24, 2026
- Days on market
- 85
- Listing agent
- Eric W Cooper · Keller Williams Realty, Indy M
3178472827 · ericcooper@kw.com - Price history
- First asked $245,000 · previously $240,000 cut $5,500
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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.