Last confirmed active 18 days ago — it may be under contract or sold since. Check the official listing before you act. Verify on Zillow · Redfin · Realtor.com
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15score
↓ $15,000
$390,000
MLS
Street view223 Dickson St
Indianapolis IN 46202 · Single Family · built 1910
3 bd3 ba2,080 sqft$188/sqft vs ZIP $207 −9%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,000/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.
9% under ZIP $/sqftprice cut 4%
The underwriting
The numbers (estimates, illustrative)
$390,000List price
$2,000Rent estimate / mo
0.71Lender DSCR (est.)
$7,182Taxes / yr · county assessor
$207ZIP median $ / sqft
15/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,000 |
| − Mortgage (P&I) | −$2,045 |
| − Taxes | −$599 |
| − Insurance | −$163 |
| = Cash flow before vacancy & repairs | $-806 |
The numbers
- Price
- $390,000
- $ / sq ft
- $188 ZIP median $207
- Rent estimate
- $2,000/mo ZIP + bedroom comps
- Property taxes
- $7,182/yr 2% cap on assessed value $359,100
- PITIA (assumed)
- $2,806/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 15/100 9% under ZIP $/sqft · price cut 4%
The property
- Beds / baths
- 3 / 3
- Living area
- 2,080 sq ft
- Lot
- 3,049 sq ft
- Year built
- 1910
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116269
- Listed
- Jul 25, 2026
- Days on market
- 70
- Listing agent
- Jennifer Jenness · @properties
2483969128 · jennybuechel@gmail.com - Price history
- First asked $405,000 · previously $405,000 cut $15,000
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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.