1 / 6
10score
↓ $3,900
$196,000
MLS
Street view1532 E Tabor St
Indianapolis IN 46203 · Single Family · built 1920
2 bd1 ba873 sqft$225/sqft vs ZIP $168 +34%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,248/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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$196,000List price
$1,248Rent estimate / mo
0.99Lender DSCR (est.)
$1,850Taxes / yr · county assessor
$168ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$1,028 |
| − Taxes | −$154 |
| − Insurance | −$82 |
| = Cash flow before vacancy & repairs | $-16 |
The numbers
- Price
- $196,000
- $ / sq ft
- $225 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $1,850/yr 2% cap on assessed value $92,500
- PITIA (assumed)
- $1,264/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.99 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 2%
The property
- Beds / baths
- 2 / 1
- Living area
- 873 sq ft
- Lot
- 5,227 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 #
- 22115445
- Listed
- Jul 21, 2026
- Days on market
- 88
- Listing agent
- Tyler Hankins · Keller Williams Indy Metro Sou
3173648913 · tylerhankins317@gmail.com - Price history
- First asked $199,900 · previously $199,900 cut $3,900
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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.