1 / 6
0score
$209,900
MLS
Street view1342 N Oakland Ave
Indianapolis IN 46201 · Single Family · built 1923
2 bd1 ba1,006 sqft$209/sqft vs ZIP $141 +48%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,195/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)
$209,900List price
$1,195Rent estimate / mo
0.78Lender DSCR (est.)
$4,086Taxes / yr · county assessor
$141ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,195 |
| − Mortgage (P&I) | −$1,101 |
| − Taxes | −$341 |
| − Insurance | −$87 |
| = Cash flow before vacancy & repairs | $-334 |
The numbers
- Price
- $209,900
- $ / sq ft
- $209 ZIP median $141
- Rent estimate
- $1,195/mo ZIP + bedroom comps
- Property taxes
- $4,086/yr 2% cap on assessed value $204,300
- PITIA (assumed)
- $1,529/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 1
- Living area
- 1,006 sq ft
- Lot
- 3,485 sq ft
- Year built
- 1923
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111746
- Listed
- Jul 2, 2026
- Days on market
- 107
- Listing agent
- Andrew Howe · Exp Realty, LLC
3177600880 · andrewhowe@kw.com - Price history
- First asked $209,900
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.