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35score
$275,000
MLS
Street view1621 E 46th St
Indianapolis IN 46205 · Single Family · built 1947
5 bd2 ba2,132 sqft$129/sqft vs ZIP $165 −22%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/mo (HUD fair-market rent) ÷ 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.
22% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$275,000List price
$2,026Rent estimate / mo
1.15Lender DSCR (est.)
$2,424Taxes / yr · county assessor
$165ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,442 |
| − Taxes | −$202 |
| − Insurance | −$115 |
| = Cash flow before vacancy & repairs | $267 |
The numbers
- Price
- $275,000
- $ / sq ft
- $129 ZIP median $165
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $2,424/yr 2% cap on assessed value $121,200
- PITIA (assumed)
- $1,759/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.15 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 22% under ZIP $/sqft
The property
- Beds / baths
- 5 / 2
- Living area
- 2,132 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1947
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22098497
- Listed
- May 5, 2026
- Days on market
- 165
- Listing agent
- Jenny Lauck · Lauck Real Estate Sevices, LLC
3172583937 · jennylauck@comcast.net - Price history
- First asked $275,000 · previously $208,000
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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.