1 / 6
55score
↓ $3,000
$175,000
MLS
Street view1154 Bacon St
Indianapolis IN 46227 · Single Family · built 1945
3 bd2 ba1,275 sqft$137/sqft vs ZIP $156 −12%
1.55 lender DSCR (est.)
Rent covers the estimated payment 1.55× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,850/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 1.5512% under ZIP $/sqftprice cut 2%
The underwriting
The numbers (estimates, illustrative)
$175,000List price
$1,850Rent estimate / mo
1.55Lender DSCR (est.)
$2,472Taxes / yr · county assessor
$156ZIP median $ / sqft
55/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,850 |
| − Mortgage (P&I) | −$918 |
| − Taxes | −$206 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $653 |
The numbers
- Price
- $175,000
- $ / sq ft
- $137 ZIP median $156
- Rent estimate
- $1,850/mo ZIP + bedroom comps
- Property taxes
- $2,472/yr 2% cap on assessed value $123,600
- PITIA (assumed)
- $1,197/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.55 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 55/100 DSCR 1.55 · 12% under ZIP $/sqft · price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,275 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1945
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116737
- Listed
- Jul 30, 2026
- Days on market
- 79
- Listing agent
- Laura Schneider · Scott Estates
3177405567 · laura@verealtygroup.com - Price history
- First asked $178,000 · previously $178,000 cut $3,000
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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.