1 / 6
22score
↓ $20,000
$279,900
MLS
Street view2121 E 71st St
Indianapolis IN 46220 · Single Family · built 1953
3 bd1.5 ba1,574 sqft$178/sqft vs ZIP $208 −15%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,795/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.
15% under ZIP $/sqftprice cut 7%
The underwriting
The numbers (estimates, illustrative)
$279,900List price
$1,795Rent estimate / mo
0.90Lender DSCR (est.)
$4,868Taxes / yr · county assessor
$208ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,795 |
| − Mortgage (P&I) | −$1,468 |
| − Taxes | −$406 |
| − Insurance | −$117 |
| = Cash flow before vacancy & repairs | $-195 |
The numbers
- Price
- $279,900
- $ / sq ft
- $178 ZIP median $208
- Rent estimate
- $1,795/mo ZIP + bedroom comps
- Property taxes
- $4,868/yr 2% cap on assessed value $243,400
- PITIA (assumed)
- $1,990/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 15% under ZIP $/sqft · price cut 7%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,574 sq ft
- Lot
- 11,761 sq ft
- Year built
- 1953
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123094
- Listed
- Sep 1, 2026
- Days on market
- 46
- Listing agent
- Brian Sanders · CENTURY 21 Scheetz
3177052500 · bsanders@c21scheetz.com - Price history
- First asked $299,900 · previously $289,900 cut $20,000
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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.