Street view of 1819 Bacon St
1 / 6
40score
↓ $12,000
$192,500
MLS Street view
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1819 Bacon St

Indianapolis IN 46237 · Single Family · built 1957
3 bd1 ba912 sqft$211/sqft vs ZIP $151 +40%
1.37 lender DSCR (est.)
Rent covers the estimated payment 1.37× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,795/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.

DSCR 1.37price cut 6%
The underwriting

The numbers (estimates, illustrative)

$192,500List price
$1,795Rent estimate / mo
1.37Lender DSCR (est.)
$2,696Taxes / yr · county assessor
$151ZIP median $ / sqft
40/100Deal Score

Monthly picture (illustrative)

Rent est.$1,795
− Mortgage (P&I)−$1,009
− Taxes−$225
− Insurance−$80
= Cash flow before vacancy & repairs$481

The numbers

Price
$192,500
$ / sq ft
$211 ZIP median $151
Rent estimate
$1,795/mo ZIP + bedroom comps
Property taxes
$2,696/yr 2% cap on assessed value $134,800
PITIA (assumed)
$1,314/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.37 rent ÷ PITIA · lender floor 1.20
Deal Score
40/100 DSCR 1.37 · price cut 6%

The property

Beds / baths
3 / 1
Living area
912 sq ft
Lot
6,098 sq ft
Year built
1957
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22118488
Listed
Aug 13, 2026
Days on market
65
Listing agent
Eric Rolves · Hive Realty Group
3175184320 · ericrolves@gmail.com
Price history
First asked $204,500 · previously $195,000 cut $12,000
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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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