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2score
$299,999
MLS
Street view1338 S Talbott St
Indianapolis IN 46225 · Multi-Family · built 1940
2 bd1 ba
0.93 lender DSCR (est.)
Rent covers the estimated payment 0.93× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,925/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.
The underwriting
The numbers (estimates, illustrative)
$299,999List price
$1,925Rent estimate / mo
0.93Lender DSCR (est.)
$4,496Taxes / yr · county assessor
$148ZIP median $ / sqft
2/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,925 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$375 |
| − Insurance | −$125 |
| = Cash flow before vacancy & repairs | $-148 |
The numbers
- Price
- $299,999
- $ / sq ft
- —
- Rent estimate
- $1,925/mo ZIP + bedroom comps
- Property taxes
- $4,496/yr 2% cap on assessed value $224,800
- PITIA (assumed)
- $2,073/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.93 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 2/100
The property
- Beds / baths
- 2 / 1
- Living area
- —
- Lot
- 4,792 sq ft
- Year built
- 1940
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102103
- Listed
- Jul 6, 2026
- Days on market
- 103
- Listing agent
- Maurice Brown · Berkshire Hathaway HomeServices Indiana Realty
3177977672 · maurice@shopphomes.com - Price history
- First asked $299,999
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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.