1 / 6
35score
↓ $2,000
$167,900
MLS
Street view1746 Thaddeus St
Indianapolis IN 46203 · Single Family · built 1920
3 bd1 ba905 sqft$186/sqft vs ZIP $168 +10%
1.41 lender DSCR (est.)
Rent covers the estimated payment 1.41× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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 1.41price cut 1%
The underwriting
The numbers (estimates, illustrative)
$167,900List price
$1,500Rent estimate / mo
1.41Lender DSCR (est.)
$1,402Taxes / yr · county assessor
$168ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$880 |
| − Taxes | −$117 |
| − Insurance | −$70 |
| = Cash flow before vacancy & repairs | $433 |
The numbers
- Price
- $167,900
- $ / sq ft
- $186 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $1,402/yr 2% cap on assessed value $70,100
- PITIA (assumed)
- $1,067/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.41 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 DSCR 1.41 · price cut 1%
The property
- Beds / baths
- 3 / 1
- Living area
- 905 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107231
- Listed
- Jun 10, 2026
- Days on market
- 129
- Listing agent
- Damon Collins · Snyder Strategy Realty, Inc
3172679246 · jesse@snyderstrategy.net - Price history
- First asked $169,900 · previously $169,900 cut $2,000
Keep looking
Similar deals nearby
Ask Triad about this deal
Want a second opinion, a walkthrough, or an offer strategy?
We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.
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.