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66score
$95,000
MLS
Street view312 W 31st St
Indianapolis IN 46208 · Single Family · built 1926
2 bd1 ba1,194 sqft$80/sqft vs ZIP $131 −39%
1.46 lender DSCR (est.)
Rent covers the estimated payment 1.46× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,073/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 1.4639% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$95,000List price
$1,073Rent estimate / mo
1.46Lender DSCR (est.)
$2,386Taxes / yr · county assessor
$131ZIP median $ / sqft
66/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,073 |
| − Mortgage (P&I) | −$498 |
| − Taxes | −$199 |
| − Insurance | −$40 |
| = Cash flow before vacancy & repairs | $336 |
The numbers
- Price
- $95,000
- $ / sq ft
- $80 ZIP median $131
- Rent estimate
- $1,073/mo ZIP + bedroom comps
- Property taxes
- $2,386/yr 2% cap on assessed value $119,300
- PITIA (assumed)
- $737/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 66/100 DSCR 1.46 · 39% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 1,194 sq ft
- Lot
- 3,485 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 #
- 22126809
- Listed
- Sep 18, 2026
- Days on market
- 14
- Listing agent
- Chiquita Watkins · Keller Williams Indy Metro Ne
3175120348 · chiquita@watkinssellsindy.com - Price history
- First asked $95,000
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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.