Street view of 2341 Wheeler St
1 / 6
29score
$150,000
MLS Street view
Search photos

2341 Wheeler St

Indianapolis IN 46218 · Single Family · built 2008
4 bd1 ba1,074 sqft$140/sqft vs ZIP $138 +1%
1.35 lender DSCR (est.)
Rent covers the estimated payment 1.35× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,350/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 1.35
The underwriting

The numbers (estimates, illustrative)

$150,000List price
$1,350Rent estimate / mo
1.35Lender DSCR (est.)
$1,800Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$1,350
− Mortgage (P&I)−$787
− Taxes−$150
− Insurance−$63
= Cash flow before vacancy & repairs$351

The numbers

Price
$150,000
$ / sq ft
$140 ZIP median $138
Rent estimate
$1,350/mo ZIP + bedroom comps
Property taxes
$1,800/yr assumed 1.2% of price
PITIA (assumed)
$999/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.35 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 DSCR 1.35

The property

Beds / baths
4 / 1
Living area
1,074 sq ft
Lot
5,227 sq ft
Year built
2008
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22126890
Listed
Sep 18, 2026
Days on market
14
Listing agent
Ashley Marino · Berkshire Hathaway HomeServices
2199737094 · amarino@bhhsin.com
Price history
First asked $150,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad