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0score
$249,900
MLS
Street view37 N Riley Ave
Indianapolis IN 46201 · Single Family · built 1920
3 bd2.5 ba1,624 sqft$154/sqft vs ZIP $140 +10%
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,450/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.
The underwriting
The numbers (estimates, illustrative)
$249,900List price
$1,450Rent estimate / mo
0.84Lender DSCR (est.)
$3,656Taxes / yr · county assessor
$140ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,311 |
| − Taxes | −$305 |
| − Insurance | −$104 |
| = Cash flow before vacancy & repairs | $-269 |
The numbers
- Price
- $249,900
- $ / sq ft
- $154 ZIP median $140
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $3,656/yr 2% cap on assessed value $182,800
- PITIA (assumed)
- $1,719/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,624 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22123601
- Listed
- Sep 10, 2026
- Days on market
- 22
- Listing agent
- Amanda Shafer · F.C. Tucker Company - Fishers/Geist
3174304496 · mandy.shafer@talktotucker.com - Price history
- First asked $249,900
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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.