1 / 6
48score
↓ $10,000
$149,900
MLS
Street view1814 New St
Indianapolis IN 46203 · Single Family · built 1992
2 bd1.5 ba1,216 sqft$123/sqft vs ZIP $168 −27%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,248/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 7%below assessed value
The underwriting
The numbers (estimates, illustrative)
$149,900List price
$1,248Rent estimate / mo
1.07Lender DSCR (est.)
$3,796Taxes / yr · county assessor
$168ZIP median $ / sqft
48/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$786 |
| − Taxes | −$316 |
| − Insurance | −$62 |
| = Cash flow before vacancy & repairs | $83 |
The numbers
- Price
- $149,900
- $ / sq ft
- $123 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $3,796/yr 2% cap on assessed value $189,800
- PITIA (assumed)
- $1,165/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 48/100 27% under ZIP $/sqft · price cut 7% · below assessed value
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,216 sq ft
- Lot
- 4,356 sq ft
- Year built
- 1992
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124015
- Listed
- Sep 3, 2026
- Days on market
- 44
- Listing agent
- Brayden Sammons · Keller Williams Indy Metro S
5743777499 · bjsammons98@gmail.com - Price history
- First asked $159,900 · previously $159,900 cut $10,000
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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.