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56score
$109,900
MLS
Street view1613 Draper St
Indianapolis IN 46203 · Single Family · built 1915
3 bd2 ba1,372 sqft$80/sqft vs ZIP $168 −52%
1.47 lender DSCR (est.)
Rent covers the estimated payment 1.47× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,513/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 1.4752% under ZIP $/sqftverify conditionbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$109,900List price
$1,513Rent estimate / mo
1.47Lender DSCR (est.)
$4,906Taxes / yr · county assessor
$168ZIP median $ / sqft
56/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,513 |
| − Mortgage (P&I) | −$576 |
| − Taxes | −$409 |
| − Insurance | −$46 |
| = Cash flow before vacancy & repairs | $482 |
The numbers
- Price
- $109,900
- $ / sq ft
- $80 ZIP median $168
- Rent estimate
- $1,513/mo ZIP + bedroom comps
- Property taxes
- $4,906/yr 2% cap on assessed value $245,300
- PITIA (assumed)
- $1,031/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.47 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 56/100 DSCR 1.47 · 52% under ZIP $/sqft · verify condition · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,372 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1915
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22077545
- Listed
- Feb 27, 2026
- Days on market
- 217
- Listing agent
- Michael Scott · Scott Estates
3177306860 · mikescottestates@gmail.com - Price history
- First asked $109,900
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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.