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24score
$214,000
MLS
Street view2528 S New Jersey St
Indianapolis IN 46225 · Single Family · built 1924
2 bd1 ba1,028 sqft$208/sqft vs ZIP $149 +40%
1.27 lender DSCR (est.)
Rent covers the estimated payment 1.27× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,922/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 1.27
The underwriting
The numbers (estimates, illustrative)
$214,000List price
$1,922Rent estimate / mo
1.27Lender DSCR (est.)
$3,670Taxes / yr · county assessor
$149ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,922 |
| − Mortgage (P&I) | −$1,122 |
| − Taxes | −$306 |
| − Insurance | −$89 |
| = Cash flow before vacancy & repairs | $405 |
The numbers
- Price
- $214,000
- $ / sq ft
- $208 ZIP median $149
- Rent estimate
- $1,922/mo ZIP + bedroom comps
- Property taxes
- $3,670/yr 2% cap on assessed value $183,500
- PITIA (assumed)
- $1,517/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.27 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 DSCR 1.27
The property
- Beds / baths
- 2 / 1
- Living area
- 1,028 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1924
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22132444
- Listed
- Oct 23, 2026
- Days on market
- 8
- Listing agent
- Sarah Grain · @properties
3178145500 · sgrain@c21scheetz.com - Price history
- First asked $214,000
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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.