1 / 6
50score
↓ $5,000
$154,900
MLS
Street view1626 E Palmer St
Indianapolis IN 46203 · Single Family · built 1919
2 bd1 ba1,520 sqft$102/sqft vs ZIP $168 −39%
1.06 lender DSCR (est.)
Rent covers the estimated payment 1.06× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,248/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.
39% under ZIP $/sqftprice cut 3%below assessed valueregistered rental
The underwriting
The numbers (estimates, illustrative)
$154,900List price
$1,248Rent estimate / mo
1.06Lender DSCR (est.)
$3,618Taxes / yr · county assessor
$168ZIP median $ / sqft
50/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$812 |
| − Taxes | −$302 |
| − Insurance | −$65 |
| = Cash flow before vacancy & repairs | $70 |
The numbers
- Price
- $154,900
- $ / sq ft
- $102 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $3,618/yr 2% cap on assessed value $180,900
- PITIA (assumed)
- $1,178/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.06 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 50/100 39% under ZIP $/sqft · price cut 3% · below assessed value · registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 1,520 sq ft
- Lot
- 2,614 sq ft
- Year built
- 1919
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22108218
- Listed
- Jun 18, 2026
- Days on market
- 121
- Listing agent
- Rosie Berzenye · T&H Realty Services, Inc.
3178148208 · 210285.lead@leads.leadrouter.com - Price history
- First asked $159,900 · previously $159,900 cut $5,000
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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.