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0score
$269,900
MLS
Street view2343 E Adams St
Indianapolis IN 46218 · Multi-Family · built 1912
2 bd1 ba1,200 sqft$225/sqft vs ZIP $138 +63%
0.60 lender DSCR (est.)
Rent covers the estimated payment 0.60× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,073/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.
The underwriting
The numbers (estimates, illustrative)
$269,900List price
$1,073Rent estimate / mo
0.60Lender DSCR (est.)
$3,239Taxes / yr · assumed 1.2%
$138ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$1,415 |
| − Taxes | −$270 |
| − Insurance | −$112 |
| = Cash flow before vacancy & repairs | $-725 |
The numbers
- Price
- $269,900
- $ / sq ft
- $225 ZIP median $138
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $3,239/yr assumed 1.2% of price
- PITIA (assumed)
- $1,798/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.60 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 2 / 1
- Living area
- 1,200 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1912
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22106499
- Listed
- Jun 9, 2026
- Days on market
- 130
- Listing agent
- Barry Hines · Realty Wealth Advisors
3176638485 · barry@rwaproperties.com - Price history
- First asked $269,900
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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.