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69score
$159,000
MLS
Street view2513 Mars Hill St
Indianapolis IN 46241 · Single Family · built 1924
3 bd1 ba1,704 sqft$93/sqft vs ZIP $157 −41%
1.51 lender DSCR (est.)
Rent covers the estimated payment 1.51× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,805/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 1.5141% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$159,000List price
$1,805Rent estimate / mo
1.51Lender DSCR (est.)
$3,506Taxes / yr · county assessor
$157ZIP median $ / sqft
69/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,805 |
| − Mortgage (P&I) | −$834 |
| − Taxes | −$292 |
| − Insurance | −$66 |
| = Cash flow before vacancy & repairs | $613 |
The numbers
- Price
- $159,000
- $ / sq ft
- $93 ZIP median $157
- Rent estimate
- $1,805/mo ZIP + bedroom comps
- Property taxes
- $3,506/yr 2% cap on assessed value $175,300
- PITIA (assumed)
- $1,192/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.51 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 69/100 DSCR 1.51 · 41% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 1,704 sq ft
- Lot
- 10,454 sq ft
- Year built
- 1924
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124697
- Listed
- Sep 9, 2026
- Days on market
- 23
- Listing agent
- Tamara Scroggins · Your Realty Link, Llc
3175671410 · janet@yourrealtylink.com - Price history
- First asked $159,000
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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.