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72score
New
$149,900
MLS
Street view1357 Hiatt St
Indianapolis IN 46221 · Single Family · built 1955
3 bd1 ba1,265 sqft$118/sqft vs ZIP $153 −23%
1.68 lender DSCR (est.)
Rent covers the estimated payment 1.68× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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.
DSCR 1.6823% under ZIP $/sqftnew this weekregistered rental
The underwriting
The numbers (estimates, illustrative)
$149,900List price
$1,700Rent estimate / mo
1.68Lender DSCR (est.)
$1,996Taxes / yr · county assessor
$153ZIP median $ / sqft
72/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$786 |
| − Taxes | −$166 |
| − Insurance | −$62 |
| = Cash flow before vacancy & repairs | $685 |
The numbers
- Price
- $149,900
- $ / sq ft
- $118 ZIP median $153
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $1,996/yr 2% cap on assessed value $99,800
- PITIA (assumed)
- $1,015/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 72/100 DSCR 1.68 · 23% under ZIP $/sqft · new this week · registered rental
The property
- Beds / baths
- 3 / 1
- Living area
- 1,265 sq ft
- Lot
- 4,356 sq ft
- Year built
- 1955
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22131870
- Listed
- Oct 29, 2026
- Days on market
- 3
- Listing agent
- Justin Capps · Ferris Property Group
3176948679 · justin@cappsrealty.com - Price history
- First asked $149,900
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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.