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17score
$230,000
MLS
Street view25 S Warman Ave
Indianapolis IN 46222 · Multi-Family · built 1900
3 bd2 ba
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,775/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.
The underwriting
The numbers (estimates, illustrative)
$230,000List price
$1,775Rent estimate / mo
1.16Lender DSCR (est.)
$2,696Taxes / yr · county assessor
$153ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,775 |
| − Mortgage (P&I) | −$1,206 |
| − Taxes | −$225 |
| − Insurance | −$96 |
| = Cash flow before vacancy & repairs | $248 |
The numbers
- Price
- $230,000
- $ / sq ft
- —
- Rent estimate
- $1,775/mo ZIP + bedroom comps
- Property taxes
- $2,696/yr 2% cap on assessed value $134,800
- PITIA (assumed)
- $1,527/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100
The property
- Beds / baths
- 3 / 2
- Living area
- —
- Lot
- 5,227 sq ft
- Year built
- 1900
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131904
- Listed
- Oct 19, 2026
- Days on market
- 12
- Listing agent
- Julien “ Skip” Mills · Ocean Air Realty
3177568381 · julienmillsrealtor@gmail.com - Price history
- First asked $230,000
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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.