1 / 6
40score
↓ $29,100
$169,900
MLS
Street view1112 N Parker Ave
Indianapolis IN 46201 · Single Family · built 1915
3 bd2 ba1,402 sqft$121/sqft vs ZIP $141 −14%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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.
14% under ZIP $/sqftprice cut 17%
The underwriting
The numbers (estimates, illustrative)
$169,900List price
$1,450Rent estimate / mo
1.19Lender DSCR (est.)
$3,036Taxes / yr · county assessor
$141ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$891 |
| − Taxes | −$253 |
| − Insurance | −$71 |
| = Cash flow before vacancy & repairs | $235 |
The numbers
- Price
- $169,900
- $ / sq ft
- $121 ZIP median $141
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $3,036/yr 2% cap on assessed value $151,800
- PITIA (assumed)
- $1,215/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 14% under ZIP $/sqft · price cut 17%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,402 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1915
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117786
- Listed
- Aug 1, 2026
- Days on market
- 77
- Listing agent
- Tony Papalia · New Quantum Realty Group
3175090877 · reolovell@yahoo.com - Price history
- First asked $199,000 · previously $184,900 cut $29,100
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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.