Street view of 1863/1865/1867 Orleans St
1 / 6
0score
$250,000
MLS Street view
Search photos

1863/1865/1867 Orleans St

Indianapolis IN 46203 · Multi-Family · built 1910
2 bd3 ba
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,250/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.

The underwriting

The numbers (estimates, illustrative)

$250,000List price
$1,250Rent estimate / mo
0.75Lender DSCR (est.)
$3,000Taxes / yr · assumed 1.2%
$168ZIP median $ / sqft
0/100Deal Score

Monthly picture (illustrative)

Rent est.$1,250
− Mortgage (P&I)−$1,311
− Taxes−$250
− Insurance−$104
= Cash flow before vacancy & repairs$-415

The numbers

Price
$250,000
$ / sq ft
—
Rent estimate
$1,250/mo ZIP + bedroom comps
Property taxes
$3,000/yr assumed 1.2% of price
PITIA (assumed)
$1,665/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.75 rent ÷ PITIA · lender floor 1.20
Deal Score
0/100

The property

Beds / baths
2 / 3
Living area
—
Lot
7,405 sq ft
Year built
1910
Property type
Multi-Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
—

The listing

Source
Standard
MLS #
22127248
Listed
Sep 24, 2026
Days on market
8
Listing agent
Jennifer S Blandford · Carpenter Realtors, Zionsville
3178472695 · jblandford@callcarpenter.com
Price history
First asked $250,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad