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4score
↓ $7,500
$412,500
MLS
Street view2429 N Pennsylvania St
Indianapolis IN 46205 · Single Family · built 1910
3 bd3 ba1,996 sqft$207/sqft vs ZIP $165 +25%
0.63 lender DSCR (est.)
Rent covers the estimated payment 0.63× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,710/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.
price cut 2%
The underwriting
The numbers (estimates, illustrative)
$412,500List price
$1,710Rent estimate / mo
0.63Lender DSCR (est.)
$4,788Taxes / yr · county assessor
$165ZIP median $ / sqft
4/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,710 |
| − Mortgage (P&I) | −$2,163 |
| − Taxes | −$399 |
| − Insurance | −$172 |
| = Cash flow before vacancy & repairs | $-1,024 |
The numbers
- Price
- $412,500
- $ / sq ft
- $207 ZIP median $165
- Rent estimate
- $1,710/mo ZIP + bedroom comps
- Property taxes
- $4,788/yr 2% cap on assessed value $239,400
- PITIA (assumed)
- $2,734/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 4/100 price cut 2%
The property
- Beds / baths
- 3 / 3
- Living area
- 1,996 sq ft
- Lot
- 5,663 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 #
- 22117356
- Listed
- Aug 7, 2026
- Days on market
- 57
- Listing agent
- Madeline Savoie · Maywright Property Co.
3124200973 · msavoie@maywright.com - Price history
- First asked $420,000 · previously $420,000 cut $7,500
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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.