1 / 6
15score
↓ $10,000
$210,000
MLS
Street view1624 N Tacoma Ave
Indianapolis IN 46218 · Single Family · built 1920
2 bd2 ba864 sqft$243/sqft vs ZIP $138 +76%
0.69 lender DSCR (est.)
Rent covers the estimated payment 0.69× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,073/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.
price cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$210,000List price
$1,073Rent estimate / mo
0.69Lender DSCR (est.)
$4,300Taxes / yr · county assessor
$138ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$1,101 |
| − Taxes | −$358 |
| − Insurance | −$88 |
| = Cash flow before vacancy & repairs | $-474 |
The numbers
- Price
- $210,000
- $ / sq ft
- $243 ZIP median $138
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $4,300/yr 2% cap on assessed value $215,000
- PITIA (assumed)
- $1,547/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.69 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 price cut 5% · below assessed value
The property
- Beds / baths
- 2 / 2
- Living area
- 864 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22104932
- Listed
- Jun 15, 2026
- Days on market
- 124
- Listing agent
- Dana C. R. Willis · Silver Key Realty, Llc
3179371961 · silverkeyrealty.llc@gmail.com - Price history
- First asked $220,000 · previously $220,000 cut $10,000
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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.