1 / 6
26score
↓ $10,000
$139,900
MLS
Street view1849 E Minnesota St
Indianapolis IN 46203 · Multi-Family · built 1926
1 bd1 ba900 sqft$155/sqft vs ZIP $168 −7%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $975/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$139,900List price
$975Rent estimate / mo
1.05Lender DSCR (est.)
$1,679Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $975 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$140 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $43 |
The numbers
- Price
- $139,900
- $ / sq ft
- $155 ZIP median $168
- Rent estimate
- $975/mo ZIP + bedroom comps
- Property taxes
- $1,679/yr assumed 1.2% of price
- PITIA (assumed)
- $932/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 price cut 7%
The property
- Beds / baths
- 1 / 1
- Living area
- 900 sq ft
- Lot
- 3,485 sq ft
- Year built
- 1926
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119112
- Listed
- Aug 8, 2026
- Days on market
- 70
- Listing agent
- Kyle Hoffman · @properties
3175069002 · info@atpropertiesind.com - Price history
- First asked $149,900 · previously $149,900 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.