Street view of 1703 N Richardt Ave
1 / 6
3score
$210,000
MLS Street view
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1703 N Richardt Ave

Indianapolis IN 46219 · Single Family · built 1985
1 bd2 ba1,008 sqft$208/sqft vs ZIP $145 +44%
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $795/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.

registered rental
The underwriting

The numbers (estimates, illustrative)

$210,000List price
$795Rent estimate / mo
0.56Lender DSCR (est.)
$2,716Taxes / yr · county assessor
$145ZIP median $ / sqft
3/100Deal Score

Monthly picture (illustrative)

Rent est.$795
− Mortgage (P&I)−$1,101
− Taxes−$226
− Insurance−$88
= Cash flow before vacancy & repairs$-620

The numbers

Price
$210,000
$ / sq ft
$208 ZIP median $145
Rent estimate
$795/mo ZIP + bedroom comps
Property taxes
$2,716/yr 2% cap on assessed value $135,800
PITIA (assumed)
$1,415/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.56 rent ÷ PITIA · lender floor 1.20
Deal Score
3/100 registered rental

The property

Beds / baths
1 / 2
Living area
1,008 sq ft
Lot
12,197 sq ft
Year built
1985
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 #
22127599
Listed
Sep 22, 2026
Days on market
10
Listing agent
David Collins · Indy Crossroads Realty Group
3172819241 · iknowaguyrealestate@gmail.com
Price history
First asked $210,000
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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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