Street view of 1108 N Warman Ave
1 / 6
45score
$99,900
MLS Street view
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1108 N Warman Ave

Indianapolis IN 46222 · Single Family · built 1913
2 bd1 ba1,303 sqft$77/sqft vs ZIP $158 −51%
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,033/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 1.2951% under ZIP $/sqftverify conditionbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$99,900List price
$1,033Rent estimate / mo
1.29Lender DSCR (est.)
$2,808Taxes / yr · county assessor
$158ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$1,033
− Mortgage (P&I)−$524
− Taxes−$234
− Insurance−$42
= Cash flow before vacancy & repairs$233

The numbers

Price
$99,900
$ / sq ft
$77 ZIP median $158
Rent estimate
$1,033/mo ZIP + bedroom comps
Property taxes
$2,808/yr 2% cap on assessed value $140,400
PITIA (assumed)
$800/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.29 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 DSCR 1.29 · 51% under ZIP $/sqft · verify condition · below assessed value

The property

Beds / baths
2 / 1
Living area
1,303 sq ft
Lot
4,792 sq ft
Year built
1913
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22099989
Listed
Jun 16, 2026
Days on market
123
Listing agent
Alysea Ragland · F.C. Tucker Company - Carmel
3173916470 · alysea.ragland@talktotucker.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.

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