1 / 6
5score
↓ $5,000
$230,000
MLS
Street view1929 Prospect St
Indianapolis IN 46203 · Single Family · built 1972
3 bd2 ba1,152 sqft$200/sqft vs ZIP $168 +19%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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 2%
The underwriting
The numbers (estimates, illustrative)
$230,000List price
$1,500Rent estimate / mo
0.91Lender DSCR (est.)
$4,110Taxes / yr · county assessor
$168ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$343 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $-144 |
The numbers
- Price
- $230,000
- $ / sq ft
- $200 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $4,110/yr 2% cap on assessed value $205,500
- PITIA (assumed)
- $1,644/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 price cut 2%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,152 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1972
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22118902
- Listed
- Aug 7, 2026
- Days on market
- 71
- Listing agent
- Ross Bemis · Maywright Property Co.
3175235176 · ross@platcollective.com - Price history
- First asked $235,000 · previously $235,000 cut $5,000
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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.