1 / 6
74score
↓ $12,000
$122,900
MLS
Street view2532 N Boehning St
Indianapolis IN 46219 · Single Family · built 1961
3 bd1 ba999 sqft$123/sqft vs ZIP $142 −13%
1.64 lender DSCR (est.)
Rent covers the estimated payment 1.64× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,480/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 1.6413% under ZIP $/sqftprice cut 10%below assessed value
The underwriting
The numbers (estimates, illustrative)
$122,900List price
$1,480Rent estimate / mo
1.64Lender DSCR (est.)
$2,484Taxes / yr · county assessor
$142ZIP median $ / sqft
74/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,480 |
| − Mortgage (P&I) | −$645 |
| − Taxes | −$207 |
| − Insurance | −$51 |
| = Cash flow before vacancy & repairs | $577 |
The numbers
- Price
- $122,900
- $ / sq ft
- $123 ZIP median $142
- Rent estimate
- $1,480/mo ZIP + bedroom comps
- Property taxes
- $2,484/yr 2% cap on assessed value $124,200
- PITIA (assumed)
- $903/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.64 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 74/100 DSCR 1.64 · 13% under ZIP $/sqft · price cut 10% · below assessed value
The property
- Beds / baths
- 3 / 1
- Living area
- 999 sq ft
- Lot
- 7,405 sq ft
- Year built
- 1961
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22103555
- Listed
- May 21, 2026
- Days on market
- 149
- Listing agent
- Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com - Price history
- First asked $134,900 · previously $124,900 cut $12,000
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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.