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5score
↓ $5,100
$199,900
MLS
Street view1309-1311 N Emerson Ave
Indianapolis IN 46219 · Multi-Family · built 1941
2 bd2 ba
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,123/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 3%
The underwriting
The numbers (estimates, illustrative)
$199,900List price
$1,123Rent estimate / mo
0.84Lender DSCR (est.)
$2,399Taxes / yr · assumed 1.2%
$142ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,123 |
| − Mortgage (P&I) | −$1,048 |
| − Taxes | −$200 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $-208 |
The numbers
- Price
- $199,900
- $ / sq ft
- —
- Rent estimate
- $1,123/mo ZIP + bedroom comps
- Property taxes
- $2,399/yr assumed 1.2% of price
- PITIA (assumed)
- $1,331/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 price cut 3%
The property
- Beds / baths
- 2 / 2
- Living area
- —
- Lot
- 9,583 sq ft
- Year built
- 1941
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22117458
- Listed
- Jul 31, 2026
- Days on market
- 78
- Listing agent
- Jacqueline Huser · First Focus Realty LLC
3174913041 · jacqueline@firstfocusrealty.net - Price history
- First asked $205,000 · previously $205,000 cut $5,100
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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.