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61score
New
$120,000
MLS
Street view2326 Winthrop Ave
Indianapolis IN 46205 · Single Family · built 1940
2 bd1 ba845 sqft$142/sqft vs ZIP $163 −13%
1.73 lender DSCR (est.)
Rent covers the estimated payment 1.73× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,499/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 1.7313% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$120,000List price
$1,499Rent estimate / mo
1.73Lender DSCR (est.)
$2,274Taxes / yr · county assessor
$163ZIP median $ / sqft
61/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,499 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$190 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $630 |
The numbers
- Price
- $120,000
- $ / sq ft
- $142 ZIP median $163
- Rent estimate
- $1,499/mo ZIP + bedroom comps
- Property taxes
- $2,274/yr 2% cap on assessed value $113,700
- PITIA (assumed)
- $869/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.73 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 61/100 DSCR 1.73 · 13% under ZIP $/sqft · new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 845 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1940
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128232
- Listed
- Sep 25, 2026
- Days on market
- 7
- Listing agent
- Pamela Journey · E & L Son Enterprise, Llc
3179264663 · pjourney@elsonllc.com - Price history
- First asked $120,000
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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.