1 / 6
23score
↓ $10,100
$139,900
MLS
Street view1865 Orleans St
Indianapolis IN 46203 · Single Family · built 1910
1 bd1 ba552 sqft$253/sqft vs ZIP $168 +51%
1.10 lender DSCR (est.)
Rent covers the estimated payment 1.10× · walk-away floor 1.20 · high 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 from the county assessor. Assumptions as of 2026-09-12.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$139,900List price
$975Rent estimate / mo
1.10Lender DSCR (est.)
$1,180Taxes / yr · county assessor
$168ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $975 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$98 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $85 |
The numbers
- Price
- $139,900
- $ / sq ft
- $253 ZIP median $168
- Rent estimate
- $975/mo ZIP + bedroom comps
- Property taxes
- $1,180/yr 2% cap on assessed value $59,000
- PITIA (assumed)
- $890/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.10 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 price cut 7%
The property
- Beds / baths
- 1 / 1
- Living area
- 552 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22115850
- Listed
- Jul 22, 2026
- Days on market
- 87
- Listing agent
- Jennifer S Blandford · Carpenter Realtors, Zionsville
3178472695 · jblandford@callcarpenter.com - Price history
- First asked $150,000 · previously $150,000 cut $10,100
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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.