1 / 6
42score
↓ $20,000
$140,000
MLS
Street view2807 Hervey St
Indianapolis IN 46203 · Single Family · built 1926
2 bd1 ba912 sqft$154/sqft vs ZIP $168 −9%
1.22 lender DSCR (est.)
Rent covers the estimated payment 1.22× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,248/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 1.229% under ZIP $/sqftprice cut 14%below assessed value
The underwriting
The numbers (estimates, illustrative)
$140,000List price
$1,248Rent estimate / mo
1.22Lender DSCR (est.)
$2,808Taxes / yr · county assessor
$168ZIP median $ / sqft
42/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,248 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$234 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $221 |
The numbers
- Price
- $140,000
- $ / sq ft
- $154 ZIP median $168
- Rent estimate
- $1,248/mo ZIP + bedroom comps
- Property taxes
- $2,808/yr 2% cap on assessed value $140,400
- PITIA (assumed)
- $1,027/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.22 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 42/100 DSCR 1.22 · 9% under ZIP $/sqft · price cut 14% · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 912 sq ft
- Lot
- 6,534 sq ft
- Year built
- 1926
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22120521
- Listed
- Aug 21, 2026
- Days on market
- 57
- Listing agent
- Stacie Kidwell Sandoval · F.C. Tucker Company - Carmel
3174364004 · stacie.m.kidwell@gmail.com - Price history
- First asked $160,000 · previously $150,000 cut $20,000
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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.