Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
10score
↓ $10,000
$540,000
MLS
Street view1431 N Alabama St
Indianapolis IN 46202 · Single Family · built 1882
5 bd2.5 ba2,840 sqft$190/sqft vs ZIP $207 −8%
0.66 lender DSCR (est.)
Rent covers the estimated payment 0.66× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,526/mo (HUD fair-market rent) ÷ 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 2%
The underwriting
The numbers (estimates, illustrative)
$540,000List price
$2,526Rent estimate / mo
0.66Lender DSCR (est.)
$9,192Taxes / yr · county assessor
$207ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,526 |
| − Mortgage (P&I) | −$2,832 |
| − Taxes | −$766 |
| − Insurance | −$225 |
| = Cash flow before vacancy & repairs | $-1,297 |
The numbers
- Price
- $540,000
- $ / sq ft
- $190 ZIP median $207
- Rent estimate
- $2,526/mo HUD fair-market rent
- Property taxes
- $9,192/yr 2% cap on assessed value $459,600
- PITIA (assumed)
- $3,823/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 2%
The property
- Beds / baths
- 5 / 2.5
- Living area
- 2,840 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1882
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22111152
- Listed
- Jul 8, 2026
- Days on market
- 87
- Listing agent
- Jenni Dubach Bliss · @properties
3178695962 · jenni@platcollective.com - Price history
- First asked $550,000 · previously $550,000 cut $10,000
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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.