1 / 6
60score
$126,580
MLS
Street view1621 Union St
Indianapolis IN 46225 · Single Family · built 1900
4 bd1 ba2,262 sqft$56/sqft vs ZIP $148 −62%
2.02 lender DSCR (est.)
Rent covers the estimated payment 2.02× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,772/mo (rent 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 2.0262% under ZIP $/sqftverify condition
The underwriting
The numbers (estimates, illustrative)
$126,580List price
$1,772Rent estimate / mo
2.02Lender DSCR (est.)
$1,952Taxes / yr · county assessor
$148ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,772 |
| − Mortgage (P&I) | −$664 |
| − Taxes | −$163 |
| − Insurance | −$53 |
| = Cash flow before vacancy & repairs | $893 |
The numbers
- Price
- $126,580
- $ / sq ft
- $56 ZIP median $148
- Rent estimate
- $1,772/mo rent comps
- Property taxes
- $1,952/yr 2% cap on assessed value $97,600
- PITIA (assumed)
- $879/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.02 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 2.02 · 62% under ZIP $/sqft · verify condition
The property
- Beds / baths
- 4 / 1
- Living area
- 2,262 sq ft
- Lot
- 4,356 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 #
- 22065114
- Listed
- Oct 1, 2025
- Days on market
- 381
- Listing agent
- Ken Nissley · Kenter Real Estate, Llc
3174308500 · knissley@kenterhomes.com - Price history
- First asked $126,580
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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.