1 / 6
51score
↓ $15,000
$110,000
MLS
Street view1315 S Sheffield Ave
Indianapolis IN 46221 · Single Family · built 1920
2 bd1.5 ba1,082 sqft$102/sqft vs ZIP $153 −34%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $925/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.
34% under ZIP $/sqftprice cut 14%
The underwriting
The numbers (estimates, illustrative)
$110,000List price
$925Rent estimate / mo
1.15Lender DSCR (est.)
$2,182Taxes / yr · county assessor
$153ZIP median $ / sqft
51/100Deal Score
Monthly picture (illustrative)
| Rent est. | $925 |
| − Mortgage (P&I) | −$577 |
| − Taxes | −$182 |
| − Insurance | −$46 |
| = Cash flow before vacancy & repairs | $120 |
The numbers
- Price
- $110,000
- $ / sq ft
- $102 ZIP median $153
- Rent estimate
- $925/mo ZIP + bedroom comps
- Property taxes
- $2,182/yr 2% cap on assessed value $109,100
- PITIA (assumed)
- $805/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.15 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 51/100 34% under ZIP $/sqft · price cut 14%
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,082 sq ft
- Lot
- 5,663 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 #
- 22117252
- Listed
- Jul 31, 2026
- Days on market
- 92
- Listing agent
- Todd Cook - Listing Specialist · Keller Williams Indy Metro S
3175033308 · todd@tlcsoldme.com - Price history
- First asked $125,000 · previously $125,000 cut $15,000
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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.