1 / 6
12score
↓ $10,000
$179,900
MLS
Street view1110 N Tibbs Ave
Indianapolis IN 46222 · Single Family · built 1925
2 bd1 ba832 sqft$216/sqft vs ZIP $158 +37%
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · 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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$179,900List price
$1,033Rent estimate / mo
0.93Lender DSCR (est.)
$1,058Taxes / yr · county assessor
$158ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,033 |
| − Mortgage (P&I) | −$943 |
| − Taxes | −$88 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $-74 |
The numbers
- Price
- $179,900
- $ / sq ft
- $216 ZIP median $158
- Rent estimate
- $1,033/mo ZIP + bedroom comps
- Property taxes
- $1,058/yr 2% cap on assessed value $52,900
- PITIA (assumed)
- $1,107/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 6%
The property
- Beds / baths
- 2 / 1
- Living area
- 832 sq ft
- Lot
- 6,098 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 #
- 22120379
- Listed
- Aug 14, 2026
- Days on market
- 64
- Listing agent
- Nathaniel Cromlich · Century 21 Scheetz
3175950021 · nate@c21scheetz.com - Price history
- First asked $189,900 · previously $189,900 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.