Street view of 1829 N Routiers Ave
1 / 6
18score
New
$185,000
MLS Street view
Search photos

1829 N Routiers Ave

Indianapolis IN 46219 · Single Family · built 1941
3 bd1.5 ba1,024 sqft$181/sqft vs ZIP $144 +25%
1.11 lender DSCR (est.)
Rent covers the estimated payment 1.11× · 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.

new this week
The underwriting

The numbers (estimates, illustrative)

$185,000List price
$1,500Rent estimate / mo
1.11Lender DSCR (est.)
$3,694Taxes / yr · county assessor
$144ZIP median $ / sqft
18/100Deal Score

Monthly picture (illustrative)

Rent est.$1,500
− Mortgage (P&I)−$970
− Taxes−$308
− Insurance−$77
= Cash flow before vacancy & repairs$145

The numbers

Price
$185,000
$ / sq ft
$181 ZIP median $144
Rent estimate
$1,500/mo ZIP + bedroom comps
Property taxes
$3,694/yr 2% cap on assessed value $184,700
PITIA (assumed)
$1,355/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.11 rent ÷ PITIA · lender floor 1.20
Deal Score
18/100 new this week

The property

Beds / baths
3 / 1.5
Living area
1,024 sq ft
Lot
22,651 sq ft
Year built
1941
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22129141
Listed
Oct 2, 2026
Days on market
7
Listing agent
Ali Rahimi · Trueblood Real Estate
2607048309 · alirahimi@truebloodre.com
Price history
First asked $185,000
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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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