Street view of 2343 Hoyt Ave
1 / 6
39score
↓ $10,000
$169,900
MLS Street view
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2343 Hoyt Ave

Indianapolis IN 46203 · Single Family · built 1910
2 bd2 ba1,213 sqft$140/sqft vs ZIP $168 −17%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,248/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.

17% under ZIP $/sqftprice cut 6%
The underwriting

The numbers (estimates, illustrative)

$169,900List price
$1,248Rent estimate / mo
1.14Lender DSCR (est.)
$1,650Taxes / yr · county assessor
$168ZIP median $ / sqft
39/100Deal Score

Monthly picture (illustrative)

Rent est.$1,248
− Mortgage (P&I)−$891
− Taxes−$138
− Insurance−$71
= Cash flow before vacancy & repairs$149

The numbers

Price
$169,900
$ / sq ft
$140 ZIP median $168
Rent estimate
$1,248/mo ZIP + bedroom comps
Property taxes
$1,650/yr 2% cap on assessed value $82,500
PITIA (assumed)
$1,099/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.14 rent ÷ PITIA · lender floor 1.20
Deal Score
39/100 17% under ZIP $/sqft · price cut 6%

The property

Beds / baths
2 / 2
Living area
1,213 sq ft
Lot
3,920 sq ft
Year built
1910
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22108153
Listed
Jun 15, 2026
Days on market
124
Listing agent
Brian Pachciarz · Blp Realty Group
8889746963 · bpgagolf@yahoo.com
Price history
First asked $179,900 · previously $174,900 cut $10,000
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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.

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