1 / 6
60score
$97,500
MLS
Street view1217 W 31st St
Indianapolis IN 46208 · Single Family · built 1920
3 bd2 ba2,272 sqft$43/sqft vs ZIP $126 −66%
1.93 lender DSCR (est.)
Rent covers the estimated payment 1.93× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,350/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 1.9366% under ZIP $/sqftverify condition
The underwriting
The numbers (estimates, illustrative)
$97,500List price
$1,350Rent estimate / mo
1.93Lender DSCR (est.)
$1,764Taxes / yr · county assessor
$126ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$511 |
| − Taxes | −$147 |
| − Insurance | −$41 |
| = Cash flow before vacancy & repairs | $651 |
The numbers
- Price
- $97,500
- $ / sq ft
- $43 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $1,764/yr 2% cap on assessed value $88,200
- PITIA (assumed)
- $699/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 1.93 · 66% under ZIP $/sqft · verify condition
The property
- Beds / baths
- 3 / 2
- Living area
- 2,272 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22113724
- Listed
- Jul 13, 2026
- Days on market
- 96
- Listing agent
- Gilford Condray · United Real Estate Indpls
3172649004 · gil.condray@talktotucker.com - Price history
- First asked $97,500
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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.