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48score
$150,000
MLS
Street view2015 Medford Ave
Indianapolis IN 46222 · Single Family · built 1948
3 bd1 ba864 sqft$174/sqft vs ZIP $158 +10%
1.62 lender DSCR (est.)
Rent covers the estimated payment 1.62× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,700/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 1.62registered rental
The underwriting
The numbers (estimates, illustrative)
$150,000List price
$1,700Rent estimate / mo
1.62Lender DSCR (est.)
$2,394Taxes / yr · county assessor
$158ZIP median $ / sqft
48/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$787 |
| − Taxes | −$200 |
| − Insurance | −$63 |
| = Cash flow before vacancy & repairs | $651 |
The numbers
- Price
- $150,000
- $ / sq ft
- $174 ZIP median $158
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $2,394/yr 2% cap on assessed value $119,700
- PITIA (assumed)
- $1,049/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.62 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 48/100 DSCR 1.62 · registered rental
The property
- Beds / baths
- 3 / 1
- Living area
- 864 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1948
- 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 #
- 22116084
- Listed
- Jul 27, 2026
- Days on market
- 82
- Listing agent
- Gloria Gear · Keller Williams Indy Metro W
3177504998 · gloria@gearregroup.com - Price history
- First asked $150,000
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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.