1 / 6
60score
↓ $5,100
$99,900
MLS
Street view2232 W 58th St
Indianapolis IN 46228 · Single Family · built 1934
2 bd1 ba600 sqft$167/sqft vs ZIP $143 +16%
1.91 lender DSCR (est.)
Rent covers the estimated payment 1.91× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,399/mo (hud:safmr:capped) ÷ 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 1.91price cut 5%below assessed value
The underwriting
The numbers (estimates, illustrative)
$99,900List price
$1,399Rent estimate / mo
1.91Lender DSCR (est.)
$2,018Taxes / yr · county assessor
$143ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,399 |
| − Mortgage (P&I) | −$524 |
| − Taxes | −$168 |
| − Insurance | −$42 |
| = Cash flow before vacancy & repairs | $665 |
The numbers
- Price
- $99,900
- $ / sq ft
- $167 ZIP median $143
- Rent estimate
- $1,399/mo hud:safmr:capped
- Property taxes
- $2,018/yr 2% cap on assessed value $100,900
- PITIA (assumed)
- $734/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 1.91 · price cut 5% · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 600 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1934
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22074520
- Listed
- Dec 1, 2025
- Days on market
- 320
- Listing agent
- Samuel Barron · Barron Property Services
7654829111 · jalexander@prudentialindiana.com - Price history
- First asked $105,000 · previously $105,000 cut $5,100
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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.