Street view of 2437 N Dearborn St
1 / 6
60score
$70,000
MLS Street view
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2437 N Dearborn St

Indianapolis IN 46218 · Single Family · built 1955
5 bd2 ba1,392 sqft$50/sqft vs ZIP $138 −64%
1.96 lender DSCR (est.)
Rent covers the estimated payment 1.96× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $980/mo (hud:safmr:capped) ÷ 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 1.9663% under ZIP $/sqftverify condition
The underwriting

The numbers (estimates, illustrative)

$70,000List price
$980Rent estimate / mo
1.96Lender DSCR (est.)
$1,230Taxes / yr · county assessor
$138ZIP median $ / sqft
60/100Deal Score

Monthly picture (illustrative)

Rent est.$980
− Mortgage (P&I)−$367
− Taxes−$103
− Insurance−$29
= Cash flow before vacancy & repairs$481

The numbers

Price
$70,000
$ / sq ft
$50 ZIP median $138
Rent estimate
$980/mo hud:safmr:capped
Property taxes
$1,230/yr 2% cap on assessed value $61,500
PITIA (assumed)
$499/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.96 rent ÷ PITIA · lender floor 1.20
Deal Score
60/100 DSCR 1.96 · 63% under ZIP $/sqft · verify condition

The property

Beds / baths
5 / 2
Living area
1,392 sq ft
Lot
6,534 sq ft
Year built
1955
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22126900
Listed
Sep 18, 2026
Days on market
29
Listing agent
Ashley Marino · Berkshire Hathaway HomeServices
2199737094 · amarino@bhhsin.com
Price history
First asked $70,000
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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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