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27score
$154,900
MLS
Street view1620 Lawton Ave
Indianapolis IN 46203 · Single Family · built 1961
2 bd1 ba917 sqft$169/sqft vs ZIP $168 +1%
1.33 lender DSCR (est.)
Rent covers the estimated payment 1.33× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,333/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 1.33
The underwriting
The numbers (estimates, illustrative)
$154,900List price
$1,333Rent estimate / mo
1.33Lender DSCR (est.)
$1,534Taxes / yr · county assessor
$168ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,333 |
| − Mortgage (P&I) | −$812 |
| − Taxes | −$128 |
| − Insurance | −$65 |
| = Cash flow before vacancy & repairs | $328 |
The numbers
- Price
- $154,900
- $ / sq ft
- $169 ZIP median $168
- Rent estimate
- $1,333/mo ZIP + bedroom comps
- Property taxes
- $1,534/yr 2% cap on assessed value $76,700
- PITIA (assumed)
- $1,005/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.33 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 DSCR 1.33
The property
- Beds / baths
- 2 / 1
- Living area
- 917 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131631
- Listed
- Oct 20, 2026
- Days on market
- 11
- Listing agent
- Jaclyn Mcgrew · Ferris Property Group
2084844360 · jaci@ferrispropertygroup.com - Price history
- First asked $154,900
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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.