1 / 6
40score
↓ $10,000
$214,000
MLS
Street view11733 E 21st St
Indianapolis IN 46229 · Single Family · built 1980
3 bd2.5 ba1,857 sqft$115/sqft vs ZIP $139 −17%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,730/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.
17% under ZIP $/sqftprice cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$214,000List price
$1,730Rent estimate / mo
1.07Lender DSCR (est.)
$4,894Taxes / yr · county assessor
$139ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,730 |
| − Mortgage (P&I) | −$1,122 |
| − Taxes | −$408 |
| − Insurance | −$89 |
| = Cash flow before vacancy & repairs | $111 |
The numbers
- Price
- $214,000
- $ / sq ft
- $115 ZIP median $139
- Rent estimate
- $1,730/mo ZIP + bedroom comps
- Property taxes
- $4,894/yr 2% cap on assessed value $244,700
- PITIA (assumed)
- $1,619/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 17% under ZIP $/sqft · price cut 5% · below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,857 sq ft
- Lot
- 29,621 sq ft
- Year built
- 1980
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22081270
- Listed
- Jan 23, 2026
- Days on market
- 267
- Listing agent
- Brittany Mcwilliams · Daniels Real Estate
3176957695 · brittany@indianahomerealty.com - Price history
- First asked $224,000 · previously $224,000 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.