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26score
$102,000
MLS
Street view1532 E Legrande Ave
Indianapolis IN 46203 · Single Family · built 1940
1 bd1 ba440 sqft$232/sqft vs ZIP $167 +39%
1.23 lender DSCR (est.)
Rent covers the estimated payment 1.23× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $950/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 1.23below assessed value
The underwriting
The numbers (estimates, illustrative)
$102,000List price
$950Rent estimate / mo
1.23Lender DSCR (est.)
$2,314Taxes / yr · county assessor
$167ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $950 |
| − Mortgage (P&I) | −$535 |
| − Taxes | −$193 |
| − Insurance | −$43 |
| = Cash flow before vacancy & repairs | $180 |
The numbers
- Price
- $102,000
- $ / sq ft
- $232 ZIP median $167
- Rent estimate
- $950/mo ZIP + bedroom comps
- Property taxes
- $2,314/yr 2% cap on assessed value $115,700
- PITIA (assumed)
- $770/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.23 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 DSCR 1.23 · below assessed value
The property
- Beds / baths
- 1 / 1
- Living area
- 440 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 #
- 22109187
- Listed
- Jun 19, 2026
- Days on market
- 112
- Listing agent
- Chuck Pennington · Victor & Valor Property Group
3174179757 · chuck@victor-valor.com - Price history
- First asked $102,000
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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.