1 / 6
60score
↓ $17,500
$222,500
MLS
Street view1951 Ruckle St
Indianapolis IN 46202 · Single Family · built 1905
3 bd1 ba1,766 sqft$126/sqft vs ZIP $207 −39%
1.22 lender DSCR (est.)
Rent covers the estimated payment 1.22× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,000/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.
DSCR 1.2239% under ZIP $/sqftprice cut 8%below assessed value
The underwriting
The numbers (estimates, illustrative)
$222,500List price
$2,000Rent estimate / mo
1.22Lender DSCR (est.)
$4,626Taxes / yr · county assessor
$207ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$1,167 |
| − Taxes | −$386 |
| − Insurance | −$93 |
| = Cash flow before vacancy & repairs | $355 |
The numbers
- Price
- $222,500
- $ / sq ft
- $126 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $4,626/yr 2% cap on assessed value $231,300
- PITIA (assumed)
- $1,645/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.22 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 1.22 · 39% under ZIP $/sqft · price cut 8% · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 1,766 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1905
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22112893
- Listed
- Jul 9, 2026
- Days on market
- 100
- Listing agent
- Jamis Jackson · Real Broker, LLC
2132227219 · jamis.jackson@talktotucker.com - Price history
- First asked $240,000 · previously $240,000 cut $17,500
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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.