1 / 6
66score
New
$104,900
MLS
Street view1462 Standish Ave
Indianapolis IN 46227 · Single Family · built 1946
2 bd1 ba904 sqft$116/sqft vs ZIP $157 −26%
1.44 lender DSCR (est.)
Rent covers the estimated payment 1.44× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,150/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 1.4426% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$104,900List price
$1,150Rent estimate / mo
1.44Lender DSCR (est.)
$2,448Taxes / yr · county assessor
$157ZIP median $ / sqft
66/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,150 |
| − Mortgage (P&I) | −$550 |
| − Taxes | −$204 |
| − Insurance | −$44 |
| = Cash flow before vacancy & repairs | $352 |
The numbers
- Price
- $104,900
- $ / sq ft
- $116 ZIP median $157
- Rent estimate
- $1,150/mo ZIP + bedroom comps
- Property taxes
- $2,448/yr 2% cap on assessed value $122,400
- PITIA (assumed)
- $798/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.44 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 66/100 DSCR 1.44 · 26% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 904 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1946
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133538
- Listed
- Oct 27, 2026
- Days on market
- 5
- Listing agent
- Randy Placencia · Red Bridge Real Estate
3178004342 · randy@redbridgerealestate.com - Price history
- First asked $104,900
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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.