Street view of 1707 N Warman Ave
1 / 6
80score
New
$69,900
MLS Street view
Search photos

1707 N Warman Ave

Indianapolis IN 46222 · Single Family · built 1940
2 bd1 ba744 sqft$94/sqft vs ZIP $158 −41%
1.77 lender DSCR (est.)
Rent covers the estimated payment 1.77× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $979/mo (rent 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 1.7740% under ZIP $/sqftnew this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$69,900List price
$979Rent estimate / mo
1.77Lender DSCR (est.)
$1,890Taxes / yr · county assessor
$158ZIP median $ / sqft
80/100Deal Score

Monthly picture (illustrative)

Rent est.$979
− Mortgage (P&I)−$367
− Taxes−$158
− Insurance−$29
= Cash flow before vacancy & repairs$426

The numbers

Price
$69,900
$ / sq ft
$94 ZIP median $158
Rent estimate
$979/mo rent comps
Property taxes
$1,890/yr 2% cap on assessed value $94,500
PITIA (assumed)
$553/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.77 rent ÷ PITIA · lender floor 1.20
Deal Score
80/100 DSCR 1.77 · 40% under ZIP $/sqft · new this week · below assessed value

The property

Beds / baths
2 / 1
Living area
744 sq ft
Lot
6,098 sq ft
Year built
1940
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131418
Listed
Oct 14, 2026
Days on market
4
Listing agent
Jordan Moody · Keller Williams Indpls Metro N
7653361622 · jordan.moody@kw.com
Price history
First asked $69,900
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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.

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