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5score
$194,900
MLS
Street view1662 Fisher Ave
Indianapolis IN 46224 · Single Family · built 1940
2 bd1 ba1,140 sqft$171/sqft vs ZIP $162 +6%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,150/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.
below assessed value
The underwriting
The numbers (estimates, illustrative)
$194,900List price
$1,150Rent estimate / mo
0.78Lender DSCR (est.)
$4,458Taxes / yr · county assessor
$162ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,150 |
| − Mortgage (P&I) | −$1,022 |
| − Taxes | −$372 |
| − Insurance | −$81 |
| = Cash flow before vacancy & repairs | $-325 |
The numbers
- Price
- $194,900
- $ / sq ft
- $171 ZIP median $162
- Rent estimate
- $1,150/mo ZIP + bedroom comps
- Property taxes
- $4,458/yr 2% cap on assessed value $222,900
- PITIA (assumed)
- $1,475/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 1,140 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1940
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127855
- Listed
- Sep 24, 2026
- Days on market
- 37
- Listing agent
- Claire Sorrels · List With Ben, LLC
3179700929 · claire@benbuysindyhouses.com - Price history
- First asked $194,900
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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.