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8score
$179,500
MLS
Street view2023 E Werges Ave
Indianapolis IN 46237 · Single Family · built 2000
2 bd1 ba888 sqft$202/sqft vs ZIP $153 +32%
1.03 lender DSCR (est.)
Rent covers the estimated payment 1.03× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,293/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.
The underwriting
The numbers (estimates, illustrative)
$179,500List price
$1,293Rent estimate / mo
1.03Lender DSCR (est.)
$2,906Taxes / yr · county assessor
$153ZIP median $ / sqft
8/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,293 |
| − Mortgage (P&I) | −$941 |
| − Taxes | −$242 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $35 |
The numbers
- Price
- $179,500
- $ / sq ft
- $202 ZIP median $153
- Rent estimate
- $1,293/mo ZIP + bedroom comps
- Property taxes
- $2,906/yr 2% cap on assessed value $145,300
- PITIA (assumed)
- $1,258/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.03 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 8/100
The property
- Beds / baths
- 2 / 1
- Living area
- 888 sq ft
- Lot
- 6,970 sq ft
- Year built
- 2000
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123611
- Listed
- Sep 14, 2026
- Days on market
- 18
- Listing agent
- Marsha Romans · Dubois Realty Co., Inc.
3177962921 · mars834@aol.com - Price history
- First asked $179,500
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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.