1 / 6
36score
↓ $22,100
$164,900
MLS
Street view18 N Pershing Ave
Indianapolis IN 46222 · Single Family · built 1930
2 bd2 ba1,440 sqft$115/sqft vs ZIP $158 −28%
0.95 lender DSCR (est.)
Rent covers the estimated payment 0.95× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,033/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.
27% under ZIP $/sqftprice cut 13%
The underwriting
The numbers (estimates, illustrative)
$164,900List price
$1,033Rent estimate / mo
0.95Lender DSCR (est.)
$1,780Taxes / yr · county assessor
$158ZIP median $ / sqft
36/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,033 |
| − Mortgage (P&I) | −$865 |
| − Taxes | −$148 |
| − Insurance | −$69 |
| = Cash flow before vacancy & repairs | $-49 |
The numbers
- Price
- $164,900
- $ / sq ft
- $115 ZIP median $158
- Rent estimate
- $1,033/mo ZIP + bedroom comps
- Property taxes
- $1,780/yr 2% cap on assessed value $89,000
- PITIA (assumed)
- $1,082/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.95 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 36/100 27% under ZIP $/sqft · price cut 13%
The property
- Beds / baths
- 2 / 2
- Living area
- 1,440 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123729
- Listed
- Sep 3, 2026
- Days on market
- 44
- Listing agent
- Rachel Mappes · F.C. Tucker Company - West
3176585862 · rmappes@callcarpenter.com - Price history
- First asked $187,000 · previously $187,000 cut $22,100
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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.