1 / 6
12score
↓ $2,500
$197,499
MLS
Street view2646 Walker Ave
Indianapolis IN 46203 · Single Family · built 1979
3 bd1.5 ba1,032 sqft$191/sqft vs ZIP $168 +14%
1.05 lender DSCR (est.)
Rent covers the estimated payment 1.05× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,500/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.
price cut 1%
The underwriting
The numbers (estimates, illustrative)
$197,499List price
$1,500Rent estimate / mo
1.05Lender DSCR (est.)
$3,680Taxes / yr · county assessor
$168ZIP median $ / sqft
12/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,500 |
| − Mortgage (P&I) | −$1,036 |
| − Taxes | −$307 |
| − Insurance | −$82 |
| = Cash flow before vacancy & repairs | $75 |
The numbers
- Price
- $197,499
- $ / sq ft
- $191 ZIP median $168
- Rent estimate
- $1,500/mo ZIP + bedroom comps
- Property taxes
- $3,680/yr 2% cap on assessed value $184,000
- PITIA (assumed)
- $1,425/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.05 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 12/100 price cut 1%
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,032 sq ft
- Lot
- 10,019 sq ft
- Year built
- 1979
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22117095
- Listed
- Jul 31, 2026
- Days on market
- 78
- Listing agent
- Rachel Bradbury · Highgarden Real Estate
3177015552 · rbradbury@highgarden.com - Price history
- First asked $199,999 · previously $199,999 cut $2,500
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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.