1 / 6
24score
↓ $6,000
$167,999
MLS
Street view1550 Hoefgen St
Indianapolis IN 46203 · Single Family · built 1925
2 bd1 ba696 sqft$241/sqft vs ZIP $168 +44%
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · 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 4%
The underwriting
The numbers (estimates, illustrative)
$167,999List price
$1,248Rent estimate / mo
1.16Lender DSCR (est.)
$1,456Taxes / yr · county assessor
$168ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$881 |
| − Taxes | −$121 |
| − Insurance | −$70 |
| = Cash flow before vacancy & repairs | $176 |
The numbers
- Price
- $167,999
- $ / sq ft
- $241 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $1,456/yr 2% cap on assessed value $72,800
- PITIA (assumed)
- $1,072/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 price cut 4%
The property
- Beds / baths
- 2 / 1
- Living area
- 696 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1925
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107748
- Listed
- Jun 11, 2026
- Days on market
- 128
- Listing agent
- Sui Sung · CrossRoads Link Realty
3178899999 · palungrealestate@yahoo.com - Price history
- First asked $173,999 · previously $173,999 cut $6,000
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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.