1 / 6
50score
New
$164,900
MLS
Street view251 Burke Ave
Indianapolis IN 46234 · Single Family · built 1957
3 bd1 ba932 sqft$177/sqft vs ZIP $160 +11%
1.78 lender DSCR (est.)
Rent covers the estimated payment 1.78× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,990/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 1.78new this week
The underwriting
The numbers (estimates, illustrative)
$164,900List price
$1,990Rent estimate / mo
1.78Lender DSCR (est.)
$2,242Taxes / yr · county assessor
$160ZIP median $ / sqft
50/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,990 |
| − Mortgage (P&I) | −$865 |
| − Taxes | −$187 |
| − Insurance | −$69 |
| = Cash flow before vacancy & repairs | $870 |
The numbers
- Price
- $164,900
- $ / sq ft
- $177 ZIP median $160
- Rent estimate
- $1,990/mo ZIP + bedroom comps
- Property taxes
- $2,242/yr 2% cap on assessed value $112,100
- PITIA (assumed)
- $1,120/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.78 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 50/100 DSCR 1.78 · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 932 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1957
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133833
- Listed
- Oct 30, 2026
- Days on market
- 2
- Listing agent
- Joshua Latham · Re/Max Advanced Realty
3179897465 · josh.latham@indyhomepros.com - Price history
- First asked $164,900
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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.