1 / 6
27score
↓ $7,900
$158,000
MLS
Street view1627 N Berwick Ave
Indianapolis IN 46222 · Single Family · built 1938
2 bd1 ba1,260 sqft$125/sqft vs ZIP $158 −21%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,033/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.
21% under ZIP $/sqftprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$158,000List price
$1,033Rent estimate / mo
0.90Lender DSCR (est.)
$2,986Taxes / yr · county assessor
$158ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,033 |
| − Mortgage (P&I) | −$829 |
| − Taxes | −$249 |
| − Insurance | −$66 |
| = Cash flow before vacancy & repairs | $-110 |
The numbers
- Price
- $158,000
- $ / sq ft
- $125 ZIP median $158
- Rent estimate
- $1,033/mo ZIP + bedroom comps
- Property taxes
- $2,986/yr 2% cap on assessed value $149,300
- PITIA (assumed)
- $1,143/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 21% under ZIP $/sqft · price cut 5%
The property
- Beds / baths
- 2 / 1
- Living area
- 1,260 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1938
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22068427
- Listed
- Oct 16, 2025
- Days on market
- 366
- Listing agent
- Armando Torres · Towers Real Estate
3178281395 · armandotorres.in@gmail.com - Price history
- First asked $165,900 · previously $165,900 cut $7,900
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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.