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77score
New
$105,000
MLS
Street view1946 N Alton Ave
Indianapolis IN 46222 · Single Family · built 1951
3 bd1 ba920 sqft$114/sqft vs ZIP $154 −26%
1.73 lender DSCR (est.)
Rent covers the estimated payment 1.73× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,470/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 1.7326% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$105,000List price
$1,470Rent estimate / mo
1.73Lender DSCR (est.)
$3,056Taxes / yr · county assessor
$154ZIP median $ / sqft
77/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,470 |
| − Mortgage (P&I) | −$551 |
| − Taxes | −$255 |
| − Insurance | −$44 |
| = Cash flow before vacancy & repairs | $621 |
The numbers
- Price
- $105,000
- $ / sq ft
- $114 ZIP median $154
- Rent estimate
- $1,470/mo rent comps
- Property taxes
- $3,056/yr 2% cap on assessed value $152,800
- PITIA (assumed)
- $849/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 77/100 DSCR 1.73 · 26% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 920 sq ft
- Lot
- 12,632 sq ft
- Year built
- 1951
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130177
- Listed
- Oct 7, 2026
- Days on market
- 3
- Listing agent
- Devan Lunceford · Totalis Real Estate Solutions
8122306651 · devan@devanlunceford.com - Price history
- First asked $105,000
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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.