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45score
$190,000
MLS
Street view231-233 W 29th St
Indianapolis IN 46208 · Multi-Family · built 1910
4 bd2 ba
1.66 lender DSCR (est.)
Rent covers the estimated payment 1.66× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,095/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
DSCR 1.66
The underwriting
The numbers (estimates, illustrative)
$190,000List price
$2,095Rent estimate / mo
1.66Lender DSCR (est.)
$2,280Taxes / yr · assumed 1.2%
$126ZIP median $ / sqft
45/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$190 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $829 |
The numbers
- Price
- $190,000
- $ / sq ft
- —
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $2,280/yr assumed 1.2% of price
- PITIA (assumed)
- $1,266/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.66 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 45/100 DSCR 1.66
The property
- Beds / baths
- 4 / 2
- Living area
- —
- Lot
- 3,920 sq ft
- Year built
- 1910
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22120382
- Listed
- Aug 14, 2026
- Days on market
- 64
- Listing agent
- Nathaniel Cromlich · Century 21 Scheetz
3175950021 · nate@c21scheetz.com - Price history
- First asked $190,000
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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.