Last confirmed active 19 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
1 / 6
8score
↓ $5,000
$360,000
MLS
Street view1537 Hoyt Ave
Indianapolis IN 46203 · Single Family · built 1910
3 bd3 ba1,661 sqft$217/sqft vs ZIP $168 +29%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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 1%below assessed value
The underwriting
The numbers (estimates, illustrative)
$360,000List price
$1,500Rent estimate / mo
0.56Lender DSCR (est.)
$7,906Taxes / yr · county assessor
$168ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,888 |
| − Taxes | −$659 |
| − Insurance | −$150 |
| = Cash flow before vacancy & repairs | $-1,197 |
The numbers
- Price
- $360,000
- $ / sq ft
- $217 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $7,906/yr 2% cap on assessed value $395,300
- PITIA (assumed)
- $2,697/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100 price cut 1% · below assessed value
The property
- Beds / baths
- 3 / 3
- Living area
- 1,661 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119621
- Listed
- Aug 12, 2026
- Days on market
- 52
- Listing agent
- James Robinson · Exp Realty, Llc
3172703301 · james@westeightproperty.com - Price history
- First asked $365,000 · previously $365,000 cut $5,000
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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.