1 / 6
27score
↓ $10,000
$205,000
MLS
Street view1234 N Pershing Ave
Indianapolis IN 46222 · Single Family · built 1915
2 bd2 ba1,522 sqft$135/sqft vs ZIP $158 −15%
0.67 lender DSCR (est.)
Rent covers the estimated payment 0.67× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,033/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.
15% under ZIP $/sqftprice cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$205,000List price
$1,033Rent estimate / mo
0.67Lender DSCR (est.)
$4,690Taxes / yr · county assessor
$158ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,033 |
| − Mortgage (P&I) | −$1,075 |
| − Taxes | −$391 |
| − Insurance | −$85 |
| = Cash flow before vacancy & repairs | $-518 |
The numbers
- Price
- $205,000
- $ / sq ft
- $135 ZIP median $158
- Rent estimate
- $1,033/mo ZIP + bedroom comps
- Property taxes
- $4,690/yr 2% cap on assessed value $234,500
- PITIA (assumed)
- $1,551/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 15% under ZIP $/sqft · price cut 5% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 1,522 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1915
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107228
- Listed
- Jun 20, 2026
- Days on market
- 119
- Listing agent
- Jessica Munden · The Stewart Home Group
7655164096 · jessiemundenrealtor@gmail.com - Price history
- First asked $215,000 · previously $210,000 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.