1 / 6
12score
↓ $7,000
$265,000
MLS
Street view1361 Union St
Indianapolis IN 46225 · Single Family · built 1920
2 bd2 ba1,024 sqft$259/sqft vs ZIP $148 +75%
1.00 lender DSCR (est.)
Rent covers the estimated payment 1.00× · 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.
price cut 3%
The underwriting
The numbers (estimates, illustrative)
$265,000List price
$1,925Rent estimate / mo
1.00Lender DSCR (est.)
$5,154Taxes / yr · county assessor
$148ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,925 |
| − Mortgage (P&I) | −$1,390 |
| − Taxes | −$430 |
| − Insurance | −$110 |
| = Cash flow before vacancy & repairs | $-5 |
The numbers
- Price
- $265,000
- $ / sq ft
- $259 ZIP median $148
- Rent estimate
- $1,925/mo ZIP + bedroom comps
- Property taxes
- $5,154/yr 2% cap on assessed value $257,700
- PITIA (assumed)
- $1,930/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.00 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 3%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,024 sq ft
- Lot
- 3,920 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 #
- 22115608
- Listed
- Jul 21, 2026
- Days on market
- 88
- Listing agent
- Chase Lyday · Highgarden Real Estate
3176943642 · chase.lyday@talktotucker.com - Price history
- First asked $272,000 · previously $272,000 cut $7,000
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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.