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5score
New
$219,900
MLS
Street view1125 N Bonar Ave
Indianapolis IN 46229 · Single Family · built 1930
2 bd1 ba1,022 sqft$215/sqft vs ZIP $138 +56%
0.76 lender DSCR (est.)
Rent covers the estimated payment 0.76× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,098/mo (HUD fair-market rent) ÷ 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.
new this week
The underwriting
The numbers (estimates, illustrative)
$219,900List price
$1,098Rent estimate / mo
0.76Lender DSCR (est.)
$2,490Taxes / yr · county assessor
$138ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,098 |
| − Mortgage (P&I) | −$1,153 |
| − Taxes | −$208 |
| − Insurance | −$92 |
| = Cash flow before vacancy & repairs | $-354 |
The numbers
- Price
- $219,900
- $ / sq ft
- $215 ZIP median $138
- Rent estimate
- $1,098/mo HUD fair-market rent
- Property taxes
- $2,490/yr 2% cap on assessed value $124,500
- PITIA (assumed)
- $1,452/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.76 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 1,022 sq ft
- Lot
- 20,473 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128181
- Listed
- Sep 25, 2026
- Days on market
- 7
- Listing agent
- Rj Russell · Highgarden Real Estate
3172810024 · rjrussell3@gmail.com - Price history
- First asked $219,900
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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.