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50score
New
$120,000
MLS
Street view2825-2827 E Michigan St
Indianapolis IN 46201 · Multi-Family · built 1923
4 bd2 ba
2.10 lender DSCR (est.)
Rent covers the estimated payment 2.10× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,680/mo (rent comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
DSCR 2.10new this week
The underwriting
The numbers (estimates, illustrative)
$120,000List price
$1,680Rent estimate / mo
2.10Lender DSCR (est.)
$1,440Taxes / yr · assumed 1.2%
$140ZIP median $ / sqft
50/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,680 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$120 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $881 |
The numbers
- Price
- $120,000
- $ / sq ft
- —
- Rent estimate
- $1,680/mo rent comps
- Property taxes
- $1,440/yr assumed 1.2% of price
- PITIA (assumed)
- $799/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.10 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 50/100 DSCR 2.10 · new this week
The property
- Beds / baths
- 4 / 2
- Living area
- —
- Lot
- 1,603 sq ft
- Year built
- 1923
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 845967
- Listed
- Sep 27, 2026
- Days on market
- 5
- Listing agent
- Georgeann Weisman · Brokerworks Real Estate Group,
2197867000 · gweisman13@gmail.com - Price history
- First asked $120,000
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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.