1 / 6
16score
↓ $50,000
$299,900
MLS
Street view31 S Hawthorne Ln
Indianapolis IN 46219 · Single Family · built 1911
4 bd2.5 ba2,260 sqft$133/sqft vs ZIP $142 −7%
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,808/mo (HUD fair-market rent) ÷ 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 17%
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$1,808Rent estimate / mo
0.91Lender DSCR (est.)
$3,412Taxes / yr · county assessor
$142ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,808 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$284 |
| − Insurance | −$125 |
| = Cash flow before vacancy & repairs | $-174 |
The numbers
- Price
- $299,900
- $ / sq ft
- $133 ZIP median $142
- Rent estimate
- $1,808/mo HUD fair-market rent
- Property taxes
- $3,412/yr 2% cap on assessed value $170,600
- PITIA (assumed)
- $1,982/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 price cut 17%
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,260 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1911
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123652
- Listed
- Sep 1, 2026
- Days on market
- 46
- Listing agent
- Katrina Matheis · Ever Real Estate, LLC
3174604230 · katrina.matheis@gmail.com - Price history
- First asked $349,900 · previously $325,000 cut $50,000
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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.