1 / 6
23score
New↓ $25,000
$345,000
MLS
Street view19 N Ritter Ave
Indianapolis IN 46219 · Single Family · built 1900
5 bd4 ba2,598 sqft$133/sqft vs ZIP $147 −10%
0.72 lender DSCR (est.)
Rent covers the estimated payment 0.72× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,770/mo (HUD fair-market rent) ÷ 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.
10% under ZIP $/sqftprice cut 7%new this week
The underwriting
The numbers (estimates, illustrative)
$345,000List price
$1,770Rent estimate / mo
0.72Lender DSCR (est.)
$5,864Taxes / yr · county assessor
$147ZIP median $ / sqft
23/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,770 |
| − Mortgage (P&I) | −$1,809 |
| − Taxes | −$489 |
| − Insurance | −$144 |
| = Cash flow before vacancy & repairs | $-672 |
The numbers
- Price
- $345,000
- $ / sq ft
- $133 ZIP median $147
- Rent estimate
- $1,770/mo HUD fair-market rent
- Property taxes
- $5,864/yr 2% cap on assessed value $293,200
- PITIA (assumed)
- $2,442/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.72 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 23/100 10% under ZIP $/sqft · price cut 7% · new this week
The property
- Beds / baths
- 5 / 4
- Living area
- 2,598 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22134366
- Listed
- Oct 31, 2026
- Days on market
- 2
- Listing agent
- Landon Buesching · 1 Percent Lists Indiana Real Estate
2605736316 · landon.buesching@exprealty.com - Price history
- First asked $370,000 · previously $370,000 cut $25,000
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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.