1 / 6
0score
$315,000
MLS
Street view1222 Harlan St
Indianapolis IN 46203 · Single Family · built 1920
2 bd2.5 ba1,514 sqft$208/sqft vs ZIP $168 +24%
0.57 lender DSCR (est.)
Rent covers the estimated payment 0.57× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,250/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.
The underwriting
The numbers (estimates, illustrative)
$315,000List price
$1,250Rent estimate / mo
0.57Lender DSCR (est.)
$4,786Taxes / yr · county assessor
$168ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,250 |
| − Mortgage (P&I) | −$1,652 |
| − Taxes | −$399 |
| − Insurance | −$131 |
| = Cash flow before vacancy & repairs | $-932 |
The numbers
- Price
- $315,000
- $ / sq ft
- $208 ZIP median $168
- Rent estimate
- $1,250/mo ZIP + bedroom comps
- Property taxes
- $4,786/yr 2% cap on assessed value $239,300
- PITIA (assumed)
- $2,182/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.57 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,514 sq ft
- Lot
- 4,356 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 #
- 22126590
- Listed
- Sep 17, 2026
- Days on market
- 16
- Listing agent
- Laura Waters · Highgarden Real Estate
7654180985 · lwaters@highgarden.com - Price history
- First asked $315,000
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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.