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4score
$215,000
MLS
Street view1261 W 34th St
Indianapolis IN 46208 · Single Family · built 1920
3 bd2 ba871 sqft$247/sqft vs ZIP $126 +96%
0.97 lender DSCR (est.)
Rent covers the estimated payment 0.97× · 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.
The underwriting
The numbers (estimates, illustrative)
$215,000List price
$1,350Rent estimate / mo
0.97Lender DSCR (est.)
$2,130Taxes / yr · county assessor
$126ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,350 |
| − Mortgage (P&I) | −$1,127 |
| − Taxes | −$178 |
| − Insurance | −$90 |
| = Cash flow before vacancy & repairs | $-45 |
The numbers
- Price
- $215,000
- $ / sq ft
- $247 ZIP median $126
- Rent estimate
- $1,350/mo ZIP + bedroom comps
- Property taxes
- $2,130/yr 2% cap on assessed value $106,500
- PITIA (assumed)
- $1,395/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.97 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100
The property
- Beds / baths
- 3 / 2
- Living area
- 871 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132790
- Listed
- Oct 22, 2026
- Days on market
- 9
- Listing agent
- Gabriela Gonzalez · Highgarden Real Estate
3172681800 · ggonzalez@c21scheetz.com - Price history
- First asked $215,000
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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.