Street view of 1617 W 61st St
1 / 6
42score
New
$195,000
MLS Street view
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1617 W 61st St

Indianapolis IN 46228 · Single Family · built 1958
3 bd1.5 ba1,423 sqft$137/sqft vs ZIP $144 −5%
1.41 lender DSCR (est.)
Rent covers the estimated payment 1.41× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,967/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 1.41new this week
The underwriting

The numbers (estimates, illustrative)

$195,000List price
$1,967Rent estimate / mo
1.41Lender DSCR (est.)
$3,474Taxes / yr · county assessor
$144ZIP median $ / sqft
42/100Deal Score

Monthly picture (illustrative)

Rent est.$1,967
− Mortgage (P&I)−$1,023
− Taxes−$290
− Insurance−$81
= Cash flow before vacancy & repairs$574

The numbers

Price
$195,000
$ / sq ft
$137 ZIP median $144
Rent estimate
$1,967/mo ZIP + bedroom comps
Property taxes
$3,474/yr 2% cap on assessed value $173,700
PITIA (assumed)
$1,393/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.41 rent ÷ PITIA · lender floor 1.20
Deal Score
42/100 DSCR 1.41 · new this week

The property

Beds / baths
3 / 1.5
Living area
1,423 sq ft
Lot
18,295 sq ft
Year built
1958
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131001
Listed
Oct 12, 2026
Days on market
3
Listing agent
Gina Becovitz · F.C. Tucker Company - West
3172711700 · becovitz@talktotucker.com
Price history
First asked $195,000
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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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