1 / 6
25score
$295,000
MLS
Street view1360 N Dearborn St
Indianapolis IN 46201 · Single Family · built 1921
3 bd2 ba3,300 sqft$89/sqft vs ZIP $141 −37%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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.
36% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$295,000List price
$1,450Rent estimate / mo
0.68Lender DSCR (est.)
$5,392Taxes / yr · county assessor
$141ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,547 |
| − Taxes | −$449 |
| − Insurance | −$123 |
| = Cash flow before vacancy & repairs | $-669 |
The numbers
- Price
- $295,000
- $ / sq ft
- $89 ZIP median $141
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $5,392/yr 2% cap on assessed value $269,600
- PITIA (assumed)
- $2,119/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 36% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2
- Living area
- 3,300 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1921
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131976
- Listed
- Oct 18, 2026
- Days on market
- 13
- Listing agent
- Gabriela Gonzalez · Highgarden Real Estate
3172681800 · ggonzalez@c21scheetz.com - Price history
- First asked $295,000
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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.