Street view of 2501 Reformers Ave
1 / 6
30score
↓ $10,000
$155,000
MLS Street view
Search photos

2501 Reformers Ave

Indianapolis IN 46203 · Single Family · built 1930
2 bd1 ba918 sqft$169/sqft vs ZIP $168 +1%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · 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.

DSCR 1.21price cut 6%
The underwriting

The numbers (estimates, illustrative)

$155,000List price
$1,248Rent estimate / mo
1.21Lender DSCR (est.)
$1,850Taxes / yr · county assessor
$168ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$1,248
− Mortgage (P&I)−$813
− Taxes−$154
− Insurance−$65
= Cash flow before vacancy & repairs$216

The numbers

Price
$155,000
$ / sq ft
$169 ZIP median $168
Rent estimate
$1,248/mo ZIP + bedroom comps
Property taxes
$1,850/yr 2% cap on assessed value $92,500
PITIA (assumed)
$1,032/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.21 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 DSCR 1.21 · price cut 6%

The property

Beds / baths
2 / 1
Living area
918 sq ft
Lot
7,841 sq ft
Year built
1930
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22118956
Listed
Aug 10, 2026
Days on market
68
Listing agent
Miguel Rodriguez · Keller Williams Indy Metro W
3175002553 · miguelrodriguez11182@yahoo.com
Price history
First asked $165,000 · previously $165,000 cut $10,000
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.

AnalyzeAsk Triad