1 / 6
26score
$225,000
MLS
Street view2413 Guilford Ave
Indianapolis IN 46205 · Multi-Family · built 1900
6 bd4 ba1,260 sqft$179/sqft vs ZIP $165 +8%
1.23 lender DSCR (est.)
Rent covers the estimated payment 1.23× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,026/mo (HUD fair-market rent) ÷ 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 1.23below assessed value
The underwriting
The numbers (estimates, illustrative)
$225,000List price
$2,026Rent estimate / mo
1.23Lender DSCR (est.)
$4,510Taxes / yr · county assessor
$165ZIP median $ / sqft
26/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,026 |
| − Mortgage (P&I) | −$1,180 |
| − Taxes | −$376 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $376 |
The numbers
- Price
- $225,000
- $ / sq ft
- $179 ZIP median $165
- Rent estimate
- $2,026/mo HUD fair-market rent
- Property taxes
- $4,510/yr 2% cap on assessed value $225,500
- PITIA (assumed)
- $1,650/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.23 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 26/100 DSCR 1.23 · below assessed value
The property
- Beds / baths
- 6 / 4
- Living area
- 1,260 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1900
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22059064
- Listed
- Aug 26, 2025
- Days on market
- 417
- Listing agent
- Daniel Bridgewaters · GO Real Estate Services
3178482022 · bridgwat@gmail.com - Price history
- First asked $225,000
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.