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25score
$225,000
MLS
Street view202 N Addison St
Indianapolis IN 46222 · Multi-Family · built 1910
6 bd3 ba
1.22 lender DSCR (est.)
Rent covers the estimated payment 1.22× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,821/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
DSCR 1.22below assessed value
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$1,821Rent estimate / mo
1.22Lender DSCR (est.)
$2,700Taxes / yr · assumed 1.2%
$150ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,821 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$225 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $322 |
The numbers
- Price
- $225,000
- $ / sq ft
- —
- Rent estimate
- $1,821/mo HUD fair-market rent
- Property taxes
- $2,700/yr assumed 1.2% of price
- PITIA (assumed)
- $1,499/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
- 25/100 DSCR 1.22 · below assessed value
The property
- Beds / baths
- 6 / 3
- Living area
- —
- Lot
- 5,227 sq ft
- Year built
- 1910
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22127194
- Listed
- Sep 22, 2026
- Days on market
- 10
- Listing agent
- Ali Rahimi · Trueblood Real Estate
2607048309 · alirahimi@truebloodre.com - Price history
- First asked $225,000
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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.