1 / 6
55score
↓ $5,000
$194,000
MLS
Street view2310 Calhoun St
Indianapolis IN 46203 · Single Family · built 1947
4 bd2 ba1,342 sqft$145/sqft vs ZIP $168 −14%
1.41 lender DSCR (est.)
Rent covers the estimated payment 1.41× · 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 from the county assessor. Assumptions as of 2026-09-12.
DSCR 1.4114% under ZIP $/sqftprice cut 3%below assessed value
The underwriting
The numbers (estimates, illustrative)
$194,000List price
$2,095Rent estimate / mo
1.41Lender DSCR (est.)
$4,630Taxes / yr · county assessor
$168ZIP median $ / sqft
55/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$1,017 |
| − Taxes | −$386 |
| − Insurance | −$81 |
| = Cash flow before vacancy & repairs | $611 |
The numbers
- Price
- $194,000
- $ / sq ft
- $145 ZIP median $168
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $4,630/yr 2% cap on assessed value $231,500
- PITIA (assumed)
- $1,484/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.41 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 55/100 DSCR 1.41 · 14% under ZIP $/sqft · price cut 3% · below assessed value
The property
- Beds / baths
- 4 / 2
- Living area
- 1,342 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1947
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22106514
- Listed
- Jun 5, 2026
- Days on market
- 134
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $199,000 · previously $199,000 cut $5,000
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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.