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46score
$224,000
MLS
Street view2913 Hervey St
Indianapolis IN 46203 · Single Family · built 2014
4 bd2.5 ba1,596 sqft$140/sqft vs ZIP $168 −16%
1.33 lender DSCR (est.)
Rent covers the estimated payment 1.33× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,250/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 1.3317% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$224,000List price
$2,250Rent estimate / mo
1.33Lender DSCR (est.)
$5,160Taxes / yr · county assessor
$168ZIP median $ / sqft
46/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,250 |
| − Mortgage (P&I) | −$1,175 |
| − Taxes | −$430 |
| − Insurance | −$93 |
| = Cash flow before vacancy & repairs | $552 |
The numbers
- Price
- $224,000
- $ / sq ft
- $140 ZIP median $168
- Rent estimate
- $2,250/mo ZIP + bedroom comps
- Property taxes
- $5,160/yr 2% cap on assessed value $258,000
- PITIA (assumed)
- $1,698/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.33 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 46/100 DSCR 1.33 · 17% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 1,596 sq ft
- Lot
- 6,970 sq ft
- Year built
- 2014
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22124746
- Listed
- Sep 7, 2026
- Days on market
- 25
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $224,000
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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.