Street view of 1631 Allegro Way
1 / 6
12score
New
$250,000
MLS Street view
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1631 Allegro Way

Indianapolis IN 46231 · Single Family · built 2002
3 bd2.5 ba1,500 sqft$167/sqft vs ZIP $156 +7%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,790/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.

new this week
The underwriting

The numbers (estimates, illustrative)

$250,000List price
$1,790Rent estimate / mo
1.01Lender DSCR (est.)
$4,358Taxes / yr · county assessor
$156ZIP median $ / sqft
12/100Deal Score

Monthly picture (illustrative)

Rent est.$1,790
− Mortgage (P&I)−$1,311
− Taxes−$363
− Insurance−$104
= Cash flow before vacancy & repairs$12

The numbers

Price
$250,000
$ / sq ft
$167 ZIP median $156
Rent estimate
$1,790/mo ZIP + bedroom comps
Property taxes
$4,358/yr 2% cap on assessed value $217,900
PITIA (assumed)
$1,778/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.01 rent ÷ PITIA · lender floor 1.20
Deal Score
12/100 new this week

The property

Beds / baths
3 / 2.5
Living area
1,500 sq ft
Lot
4,356 sq ft
Year built
2002
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128063
Listed
Sep 30, 2026
Days on market
3
Listing agent
Steven Bintz · EveryState, Inc.
7257251234 · broker@everystate.com
Price history
First asked $250,000
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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.

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