1 / 6
64score
↓ $10,005
$149,990
MLS
Street view1260 Hiatt St
Indianapolis IN 46221 · Single Family · built 1920
4 bd2 ba1,301 sqft$115/sqft vs ZIP $147 −22%
1.46 lender DSCR (est.)
Rent covers the estimated payment 1.46× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,530/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 1.4622% under ZIP $/sqftprice cut 7%
The underwriting
The numbers (estimates, illustrative)
$149,990List price
$1,530Rent estimate / mo
1.46Lender DSCR (est.)
$2,426Taxes / yr · county assessor
$147ZIP median $ / sqft
64/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,530 |
| − Mortgage (P&I) | −$787 |
| − Taxes | −$202 |
| − Insurance | −$62 |
| = Cash flow before vacancy & repairs | $479 |
The numbers
- Price
- $149,990
- $ / sq ft
- $115 ZIP median $147
- Rent estimate
- $1,530/mo ZIP + bedroom comps
- Property taxes
- $2,426/yr 2% cap on assessed value $121,300
- PITIA (assumed)
- $1,051/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 64/100 DSCR 1.46 · 22% under ZIP $/sqft · price cut 7%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,301 sq ft
- Lot
- 5,227 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 #
- 22079674
- Listed
- Jan 16, 2026
- Days on market
- 274
- Listing agent
- Nathan Dixon · @properties
3178005515 · nathan@atpropertiesind.com - Price history
- First asked $159,995 · previously $153,999 cut $10,005
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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.