1 / 6
24score
↓ $12,300
$175,000
MLS
Street view1217 W 33rd St
Indianapolis IN 46208 · Single Family · built 1910
3 bd1 ba1,252 sqft$140/sqft vs ZIP $126 +11%
1.04 lender DSCR (est.)
Rent covers the estimated payment 1.04× · 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.
price cut 7%below assessed value
The underwriting
The numbers (estimates, illustrative)
$175,000List price
$1,350Rent estimate / mo
1.04Lender DSCR (est.)
$3,628Taxes / yr · county assessor
$126ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$918 |
| − Taxes | −$302 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $57 |
The numbers
- Price
- $175,000
- $ / sq ft
- $140 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $3,628/yr 2% cap on assessed value $181,400
- PITIA (assumed)
- $1,293/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.04 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 price cut 7% · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 1,252 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118197
- Listed
- Aug 5, 2026
- Days on market
- 73
- Listing agent
- Edwina Withers · Berkshire Hathaway HomeServices Indiana Realty
3174418337 · edwina@edwinahomesales.com - Price history
- First asked $187,300 · previously $177,000 cut $12,300
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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.