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10score
$149,900
MLS
Street view1942 N Emerson Ave
Indianapolis IN 46218 · Single Family · built 1970
2 bd1 ba862 sqft$174/sqft vs ZIP $138 +26%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,073/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.
registered rental
The underwriting
The numbers (estimates, illustrative)
$149,900List price
$1,073Rent estimate / mo
1.01Lender DSCR (est.)
$2,608Taxes / yr · county assessor
$138ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$786 |
| − Taxes | −$217 |
| − Insurance | −$62 |
| = Cash flow before vacancy & repairs | $7 |
The numbers
- Price
- $149,900
- $ / sq ft
- $174 ZIP median $138
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $2,608/yr 2% cap on assessed value $130,400
- PITIA (assumed)
- $1,066/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 862 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1970
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22105831
- Listed
- Jun 3, 2026
- Days on market
- 135
- Listing agent
- Justin Polston · Mackenzie Allen, Polston & Ass
3173641106 · jpolston@mackenzieallenrealestate.com - Price history
- First asked $149,900
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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.