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22score
$134,900
MLS
Street view251 S Dearborn St
Indianapolis IN 46201 · Multi-Family · built 1943
2 bd2 ba
1.24 lender DSCR (est.)
Rent covers the estimated payment 1.24× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,195/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 1.24
The underwriting
The numbers (estimates, illustrative)
$134,900List price
$1,195Rent estimate / mo
1.24Lender DSCR (est.)
$2,382Taxes / yr · county assessor
$141ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,195 |
| − Mortgage (P&I) | −$707 |
| − Taxes | −$199 |
| − Insurance | −$56 |
| = Cash flow before vacancy & repairs | $233 |
The numbers
- Price
- $134,900
- $ / sq ft
- —
- Rent estimate
- $1,195/mo ZIP + bedroom comps
- Property taxes
- $2,382/yr 2% cap on assessed value $119,100
- PITIA (assumed)
- $962/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.24 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 DSCR 1.24
The property
- Beds / baths
- 2 / 2
- Living area
- —
- Lot
- 4,356 sq ft
- Year built
- 1943
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117114
- Listed
- Jul 31, 2026
- Days on market
- 77
- Listing agent
- Ryan Rominger · Trueblood Real Estate
3179350075 · ryan.rominger@compass.com - Price history
- First asked $134,900
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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.