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62score
$106,000
MLS
Street view1909 Union St
Indianapolis IN 46225 · Single Family · built 1910
2 bd1 ba834 sqft$127/sqft vs ZIP $148 −14%
1.87 lender DSCR (est.)
Rent covers the estimated payment 1.87× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,484/mo (rent 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.
DSCR 1.8714% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$106,000List price
$1,484Rent estimate / mo
1.87Lender DSCR (est.)
$2,336Taxes / yr · county assessor
$148ZIP median $ / sqft
62/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,484 |
| − Mortgage (P&I) | −$556 |
| − Taxes | −$195 |
| − Insurance | −$44 |
| = Cash flow before vacancy & repairs | $689 |
The numbers
- Price
- $106,000
- $ / sq ft
- $127 ZIP median $148
- Rent estimate
- $1,484/mo rent comps
- Property taxes
- $2,336/yr 2% cap on assessed value $116,800
- PITIA (assumed)
- $795/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.87 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 62/100 DSCR 1.87 · 14% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 834 sq ft
- Lot
- 3,049 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 #
- 22092824
- Listed
- Apr 1, 2026
- Days on market
- 199
- Listing agent
- Max Moore · @properties
3174763338 · max@maxmoorerealty.com - Price history
- First asked $106,000
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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.