1 / 6
7score
$265,000
MLS
Street view1047 Udell St
Indianapolis IN 46208 · Multi-Family · built 1920
2 bd1 ba2,296 sqft$115/sqft vs ZIP $126 −8%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,075/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.
9% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$265,000List price
$1,075Rent estimate / mo
0.67Lender DSCR (est.)
$1,236Taxes / yr · county assessor
$126ZIP median $ / sqft
7/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$1,390 |
| − Taxes | −$103 |
| − Insurance | −$110 |
| = Cash flow before vacancy & repairs | $-528 |
The numbers
- Price
- $265,000
- $ / sq ft
- $115 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $1,236/yr 2% cap on assessed value $61,800
- PITIA (assumed)
- $1,603/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 7/100 9% under ZIP $/sqft
The property
- Beds / baths
- 2 / 1
- Living area
- 2,296 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102981
- Listed
- May 20, 2026
- Days on market
- 150
- Listing agent
- Jocelyn Young · BLK Key Realty
3176577682 · jocelyn.young@amr.group - Price history
- First asked $265,000
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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.