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23score
$174,900
MLS
Street view1406 N Rochester Ave
Indianapolis IN 46222 · Single Family · built 1949
3 bd2 ba1,008 sqft$174/sqft vs ZIP $150 +16%
1.26 lender DSCR (est.)
Rent covers the estimated payment 1.26× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,475/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 1.26
The underwriting
The numbers (estimates, illustrative)
$174,900List price
$1,475Rent estimate / mo
1.26Lender DSCR (est.)
$2,166Taxes / yr · county assessor
$150ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,475 |
| − Mortgage (P&I) | −$917 |
| − Taxes | −$181 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $304 |
The numbers
- Price
- $174,900
- $ / sq ft
- $174 ZIP median $150
- Rent estimate
- $1,475/mo ZIP + bedroom comps
- Property taxes
- $2,166/yr 2% cap on assessed value $108,300
- PITIA (assumed)
- $1,171/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.26 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 DSCR 1.26
The property
- Beds / baths
- 3 / 2
- Living area
- 1,008 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1949
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22126812
- Listed
- Sep 20, 2026
- Days on market
- 10
- Listing agent
- Gregory Hillman · Carpenter Realtors, Broad Ripple
3179978089 · gthillman@gmail.com - Price history
- First asked $174,900
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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.