1 / 6
10score
↓ $20,000
$310,000
MLS
Street view1920 E Washington St
Indianapolis IN 46201 · Multi-Family · built 1915
5 bd4 ba1,350 sqft$230/sqft vs ZIP $138 +66%
0.73 lender DSCR (est.)
Rent covers the estimated payment 0.73× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,635/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.
price cut 6%
The underwriting
The numbers (estimates, illustrative)
$310,000List price
$1,635Rent estimate / mo
0.73Lender DSCR (est.)
$5,844Taxes / yr · county assessor
$138ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,635 |
| − Mortgage (P&I) | −$1,626 |
| − Taxes | −$487 |
| − Insurance | −$129 |
| = Cash flow before vacancy & repairs | $-607 |
The numbers
- Price
- $310,000
- $ / sq ft
- $230 ZIP median $138
- Rent estimate
- $1,635/mo HUD fair-market rent
- Property taxes
- $5,844/yr 2% cap on assessed value $292,200
- PITIA (assumed)
- $2,242/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 6%
The property
- Beds / baths
- 5 / 4
- Living area
- 1,350 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1915
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22107400
- Listed
- Jun 18, 2026
- Days on market
- 136
- Listing agent
- Craig Greenwood · Trueblood Real Estate
3175567667 · cgreenwood@truebloodre.com - Price history
- First asked $330,000 · previously $330,000 cut $20,000
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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.