Street view of 1551 English Ave
1 / 6
19score
↓ $10,000
$205,000
MLS Street view
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1551 English Ave

Indianapolis IN 46201 · Single Family · built 1900
3 bd1.5 ba1,368 sqft$150/sqft vs ZIP $141 +6%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · 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.

price cut 5%
The underwriting

The numbers (estimates, illustrative)

$205,000List price
$1,450Rent estimate / mo
1.05Lender DSCR (est.)
$2,716Taxes / yr · county assessor
$141ZIP median $ / sqft
19/100Deal Score

Monthly picture (illustrative)

Rent est.$1,450
− Mortgage (P&I)−$1,075
− Taxes−$226
− Insurance−$85
= Cash flow before vacancy & repairs$63

The numbers

Price
$205,000
$ / sq ft
$150 ZIP median $141
Rent estimate
$1,450/mo ZIP + bedroom comps
Property taxes
$2,716/yr 2% cap on assessed value $135,800
PITIA (assumed)
$1,387/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.05 rent ÷ PITIA · lender floor 1.20
Deal Score
19/100 price cut 5%

The property

Beds / baths
3 / 1.5
Living area
1,368 sq ft
Lot
3,920 sq ft
Year built
1900
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22121384
Listed
Aug 20, 2026
Days on market
58
Listing agent
Kenneth Hall · Real Broker, LLC
3176177947 · kenny@justlivindy.com
Price history
First asked $215,000 · previously $209,000 cut $10,000
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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.

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