Street view of 1667 Union St
1 / 6
64score
$199,000
MLS Street view
Search photos

1667 Union St

Indianapolis IN 46225 · Single Family · built 1880
4 bd2 ba1,731 sqft$115/sqft vs ZIP $148 −22%
2.06 lender DSCR (est.)
Rent covers the estimated payment 2.06× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,650/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.

DSCR 2.0623% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$199,000List price
$2,650Rent estimate / mo
2.06Lender DSCR (est.)
$1,942Taxes / yr · county assessor
$148ZIP median $ / sqft
64/100Deal Score

Monthly picture (illustrative)

Rent est.$2,650
− Mortgage (P&I)−$1,044
− Taxes−$162
− Insurance−$83
= Cash flow before vacancy & repairs$1,362

The numbers

Price
$199,000
$ / sq ft
$115 ZIP median $148
Rent estimate
$2,650/mo ZIP + bedroom comps
Property taxes
$1,942/yr 2% cap on assessed value $97,100
PITIA (assumed)
$1,288/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
2.06 rent ÷ PITIA · lender floor 1.20
Deal Score
64/100 DSCR 2.06 · 23% under ZIP $/sqft

The property

Beds / baths
4 / 2
Living area
1,731 sq ft
Lot
3,049 sq ft
Year built
1880
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22098259
Listed
Apr 29, 2026
Days on market
171
Listing agent
Sarah Fishburn · F.C. Tucker Company - Downtown
3179895613 · sarah.fishburn@talktotucker.com
Price history
First asked $199,000
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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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