Street view of 222 S Fenton Ave
1 / 6
5score
$145,000
MLS Street view
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222 S Fenton Ave

Indianapolis IN 46219 · Single Family · built 1950
2 bd1 ba972 sqft$149/sqft vs ZIP $145 +3%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,050/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$145,000List price
$1,050Rent estimate / mo
0.84Lender DSCR (est.)
$5,142Taxes / yr · county assessor
$145ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$1,050
− Mortgage (P&I)−$760
− Taxes−$429
− Insurance−$60
= Cash flow before vacancy & repairs$-199

The numbers

Price
$145,000
$ / sq ft
$149 ZIP median $145
Rent estimate
$1,050/mo ZIP + bedroom comps
Property taxes
$5,142/yr 2% cap on assessed value $257,100
PITIA (assumed)
$1,249/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.84 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 below assessed value

The property

Beds / baths
2 / 1
Living area
972 sq ft
Lot
22,216 sq ft
Year built
1950
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119082
Listed
Aug 9, 2026
Days on market
54
Listing agent
Leah Mencke Managing Real Estate Broker · Blooming Wilderness Cedar Real Estate Brokerage LLC
3176591150 · plantedcedar.realtor@gmail.com
Price history
First asked $145,000
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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.

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