1 / 6
27score
↓ $6,000
$250,000
MLS
Street view1918 E 68th St
Indianapolis IN 46220 · Single Family · built 1930
3 bd2 ba1,421 sqft$176/sqft vs ZIP $208 −15%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
16% under ZIP $/sqftprice cut 2%below assessed value
The underwriting
The numbers (estimates, illustrative)
$250,000List price
$1,795Rent estimate / mo
0.96Lender DSCR (est.)
$5,438Taxes / yr · county assessor
$208ZIP median $ / sqft
27/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$453 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $-73 |
The numbers
- Price
- $250,000
- $ / sq ft
- $176 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $5,438/yr 2% cap on assessed value $271,900
- PITIA (assumed)
- $1,868/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 27/100 16% under ZIP $/sqft · price cut 2% · below assessed value
The property
- Beds / baths
- 3 / 2
- Living area
- 1,421 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22100549
- Listed
- May 7, 2026
- Days on market
- 163
- Listing agent
- Sara Westrich · Carpenter Realtors, Brownsburg
3178402075 · swestrich@callcarpenter.com - Price history
- First asked $256,000 · previously $256,000 cut $6,000
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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.