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33score
New
$257,000
MLS
Street view2931 N Centennial St
Indianapolis IN 46222 · Single Family · built 1949
3 bd1.5 ba2,215 sqft$116/sqft vs ZIP $153 −24%
1.01 lender DSCR (est.)
Rent covers the estimated payment 1.01× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,775/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.
24% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$257,000List price
$1,775Rent estimate / mo
1.01Lender DSCR (est.)
$3,536Taxes / yr · county assessor
$153ZIP median $ / sqft
33/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,775 |
| − Mortgage (P&I) | −$1,348 |
| − Taxes | −$295 |
| − Insurance | −$107 |
| = Cash flow before vacancy & repairs | $26 |
The numbers
- Price
- $257,000
- $ / sq ft
- $116 ZIP median $153
- Rent estimate
- $1,775/mo ZIP + bedroom comps
- Property taxes
- $3,536/yr 2% cap on assessed value $176,800
- PITIA (assumed)
- $1,749/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.01 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 33/100 24% under ZIP $/sqft · new this week
The property
- Beds / baths
- 3 / 1.5
- Living area
- 2,215 sq ft
- Lot
- 9,148 sq ft
- Year built
- 1949
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22133252
- Listed
- Oct 25, 2026
- Days on market
- 7
- Listing agent
- Cheryl Strode-gregory · Cc & R Realty, Llc
3174184489 · cgregory7440@gmail.com - Price history
- First asked $257,000
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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.