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16score
$119,500
MLS
Street view2208 W Minnesota St
Indianapolis IN 46221 · Single Family · built 1917
2 bd1 ba834 sqft$143/sqft vs ZIP $147 −3%
1.11 lender DSCR (est.)
Rent covers the estimated payment 1.11× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $950/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)
$119,500List price
$950Rent estimate / mo
1.11Lender DSCR (est.)
$2,112Taxes / yr · county assessor
$147ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $950 |
| − Mortgage (P&I) | −$627 |
| − Taxes | −$176 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $98 |
The numbers
- Price
- $119,500
- $ / sq ft
- $143 ZIP median $147
- Rent estimate
- $950/mo ZIP + bedroom comps
- Property taxes
- $2,112/yr 2% cap on assessed value $105,600
- PITIA (assumed)
- $852/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.11 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100
The property
- Beds / baths
- 2 / 1
- Living area
- 834 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1917
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120599
- Listed
- Aug 19, 2026
- Days on market
- 59
- Listing agent
- Jane Venezia · Carpenter Realtors, Avon West
3178500426 · avon@callcarpenter.com - Price history
- First asked $119,500
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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.