1 / 6
29score
↓ $35,000
$179,000
MLS
Street view3418 Division St
Indianapolis IN 46217 · Single Family · built 1940
2 bd1 ba960 sqft$186/sqft vs ZIP $164 +14%
1.20 lender DSCR (est.)
Rent covers the estimated payment 1.20× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,445/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.
DSCR 1.20price cut 20%
The underwriting
The numbers (estimates, illustrative)
$179,000List price
$1,445Rent estimate / mo
1.20Lender DSCR (est.)
$2,264Taxes / yr · county assessor
$164ZIP median $ / sqft
29/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,445 |
| − Mortgage (P&I) | −$939 |
| − Taxes | −$189 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $243 |
The numbers
- Price
- $179,000
- $ / sq ft
- $186 ZIP median $164
- Rent estimate
- $1,445/mo HUD fair-market rent
- Property taxes
- $2,264/yr 2% cap on assessed value $113,200
- PITIA (assumed)
- $1,202/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.20 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 29/100 DSCR 1.20 · price cut 20%
The property
- Beds / baths
- 2 / 1
- Living area
- 960 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1940
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 100
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119073
- Listed
- Aug 8, 2026
- Days on market
- 70
- Listing agent
- Kristin Lott · Key Exchange Real Estate
3177017833 · kristi.lottre@gmail.com - Price history
- First asked $214,000 · previously $214,000 cut $35,000
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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.