1 / 6
79score
↓ $2,500
$112,500
MLS
Street view1421 King Ave
Indianapolis IN 46222 · Single Family · built 1920
3 bd1 ba1,120 sqft$100/sqft vs ZIP $158 −36%
1.86 lender DSCR (est.)
Rent covers the estimated payment 1.86× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,575/mo (rent 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 1.8636% under ZIP $/sqftprice cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$112,500List price
$1,575Rent estimate / mo
1.86Lender DSCR (est.)
$2,506Taxes / yr · county assessor
$158ZIP median $ / sqft
79/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,575 |
| − Mortgage (P&I) | −$590 |
| − Taxes | −$209 |
| − Insurance | −$47 |
| = Cash flow before vacancy & repairs | $729 |
The numbers
- Price
- $112,500
- $ / sq ft
- $100 ZIP median $158
- Rent estimate
- $1,575/mo rent comps
- Property taxes
- $2,506/yr 2% cap on assessed value $125,300
- PITIA (assumed)
- $846/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.86 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 79/100 DSCR 1.86 · 36% under ZIP $/sqft · price cut 2% · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 1,120 sq ft
- Lot
- 4,356 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 #
- 22092763
- Listed
- Apr 14, 2026
- Days on market
- 186
- Listing agent
- Samuel Barron · Barron Property Services
7654829111 · jalexander@prudentialindiana.com - Price history
- First asked $115,000 · previously $115,000 cut $2,500
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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.