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5score
$525,000
MLS
Street view1471 N Delaware St
Indianapolis IN 46202 · Single Family · built 1872
3 bd2.5 ba2,042 sqft$257/sqft vs ZIP $207 +24%
0.51 lender DSCR (est.)
Rent covers the estimated payment 0.51× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,000/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$525,000List price
$2,000Rent estimate / mo
0.51Lender DSCR (est.)
$11,270Taxes / yr · county assessor
$207ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$2,753 |
| − Taxes | −$939 |
| − Insurance | −$219 |
| = Cash flow before vacancy & repairs | $-1,911 |
The numbers
- Price
- $525,000
- $ / sq ft
- $257 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $11,270/yr 2% cap on assessed value $563,500
- PITIA (assumed)
- $3,911/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,042 sq ft
- Lot
- 1,742 sq ft
- Year built
- 1872
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22096552
- Listed
- Apr 20, 2026
- Days on market
- 166
- Listing agent
- Chanda Johnson · Maywright Property Co.
3175131101 · chanda@maywright.com - Price history
- First asked $525,000
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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.