Street view of 2545 Broadway St
1 / 6
68score
$244,799
MLS Street view
Search photos

2545 Broadway St

Indianapolis IN 46205 · Single Family · built 1955
4 bd1 ba2,072 sqft$118/sqft vs ZIP $163 −28%
1.82 lender DSCR (est.)
Rent covers the estimated payment 1.82× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,973/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 1.8227% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$244,799List price
$2,973Rent estimate / mo
1.82Lender DSCR (est.)
$2,966Taxes / yr · county assessor
$163ZIP median $ / sqft
68/100Deal Score

Monthly picture (illustrative)

Rent est.$2,973
− Mortgage (P&I)−$1,284
− Taxes−$247
− Insurance−$102
= Cash flow before vacancy & repairs$1,340

The numbers

Price
$244,799
$ / sq ft
$118 ZIP median $163
Rent estimate
$2,973/mo ZIP + bedroom comps
Property taxes
$2,966/yr 2% cap on assessed value $148,300
PITIA (assumed)
$1,633/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.82 rent ÷ PITIA · lender floor 1.20
Deal Score
68/100 DSCR 1.82 · 27% under ZIP $/sqft

The property

Beds / baths
4 / 1
Living area
2,072 sq ft
Lot
9,148 sq ft
Year built
1955
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22098901
Listed
Apr 30, 2026
Days on market
155
Listing agent
Christine Saleeb · Trueblood Real Estate
3179978499 · csaleeb@truebloodre.com
Price history
First asked $244,799
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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.

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