1 / 6
33score
$175,000
MLS
Street view1450 N Holmes Ave
Indianapolis IN 46222 · Single Family · built 1920
3 bd2 ba1,249 sqft$140/sqft vs ZIP $158 −11%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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.
11% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$175,000List price
$1,700Rent estimate / mo
1.19Lender DSCR (est.)
$5,232Taxes / yr · county assessor
$158ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$918 |
| − Taxes | −$436 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $273 |
The numbers
- Price
- $175,000
- $ / sq ft
- $140 ZIP median $158
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $5,232/yr 2% cap on assessed value $261,600
- PITIA (assumed)
- $1,427/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 11% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,249 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 #
- 22102494
- Listed
- May 19, 2026
- Days on market
- 151
- Listing agent
- Oltanie Charles · BluPrint Real Estate Group
5615412752 · oltaniec@gmail.com - Price history
- First asked $175,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.