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57score
$209,900
MLS
Street view2026 Clay St
Indianapolis IN 46205 · Multi-Family · built 1958
4 bd2 ba1,504 sqft$140/sqft vs ZIP $164 −15%
2.07 lender DSCR (est.)
Rent covers the estimated payment 2.07× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,939/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 2.0715% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$209,900List price
$2,939Rent estimate / mo
2.07Lender DSCR (est.)
$2,794Taxes / yr · county assessor
$164ZIP median $ / sqft
57/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,939 |
| − Mortgage (P&I) | −$1,101 |
| − Taxes | −$233 |
| − Insurance | −$87 |
| = Cash flow before vacancy & repairs | $1,518 |
The numbers
- Price
- $209,900
- $ / sq ft
- $140 ZIP median $164
- Rent estimate
- $2,939/mo rent comps
- Property taxes
- $2,794/yr 2% cap on assessed value $139,700
- PITIA (assumed)
- $1,421/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 57/100 DSCR 2.07 · 15% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2
- Living area
- 1,504 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1958
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132239
- Listed
- Oct 19, 2026
- Days on market
- 12
- Listing agent
- Nathaniel Cromlich · Century 21 Scheetz
3175950021 · nate@c21scheetz.com - Price history
- First asked $209,900
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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.