1 / 6
70score
$108,000
MLS
Street view1440 Herschell Ave
Indianapolis IN 46202 · Single Family · built 1940
2 bd1 ba832 sqft$130/sqft vs ZIP $207 −37%
2.13 lender DSCR (est.)
Rent covers the estimated payment 2.13× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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 2.1337% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$108,000List price
$1,500Rent estimate / mo
2.13Lender DSCR (est.)
$1,114Taxes / yr · county assessor
$207ZIP median $ / sqft
70/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$566 |
| − Taxes | −$93 |
| − Insurance | −$45 |
| = Cash flow before vacancy & repairs | $796 |
The numbers
- Price
- $108,000
- $ / sq ft
- $130 ZIP median $207
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $1,114/yr 2% cap on assessed value $55,700
- PITIA (assumed)
- $704/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.13 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 70/100 DSCR 2.13 · 37% under ZIP $/sqft
The property
- Beds / baths
- 2 / 1
- Living area
- 832 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1940
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22092719
- Listed
- Apr 1, 2026
- Days on market
- 199
- Listing agent
- Max Moore · @properties
3174763338 · max@maxmoorerealty.com - Price history
- First asked $108,000
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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.