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5score
$225,000
MLS
Street view15 N Riley Ave
Indianapolis IN 46201 · Multi-Family · built 1920
3 bd4 ba1,575 sqft$143/sqft vs ZIP $141 +1%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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)
$225,000List price
$1,450Rent estimate / mo
0.84Lender DSCR (est.)
$5,308Taxes / yr · county assessor
$141ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$442 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $-266 |
The numbers
- Price
- $225,000
- $ / sq ft
- $143 ZIP median $141
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $5,308/yr 2% cap on assessed value $265,400
- PITIA (assumed)
- $1,716/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 3 / 4
- Living area
- 1,575 sq ft
- Lot
- 16,117 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22109490
- Listed
- Jun 22, 2026
- Days on market
- 115
- Listing agent
- Evan Wilbrandt · Wilmoth Group
3176001062 · evanw@wilmothgroup.com - Price history
- First asked $225,000
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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.