1 / 6
63score
New
$180,000
MLS
Street view40 N Lasalle St
Indianapolis IN 46201 · Multi-Family · built 1920
4 bd2 ba1,976 sqft$91/sqft vs ZIP $140 −35%
1.37 lender DSCR (est.)
Rent covers the estimated payment 1.37× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,738/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 1.3735% under ZIP $/sqftnew this weekregistered rental
The underwriting
The numbers (estimates, illustrative)
$180,000List price
$1,738Rent estimate / mo
1.37Lender DSCR (est.)
$2,980Taxes / yr · county assessor
$140ZIP median $ / sqft
63/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,738 |
| − Mortgage (P&I) | −$944 |
| − Taxes | −$248 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $471 |
The numbers
- Price
- $180,000
- $ / sq ft
- $91 ZIP median $140
- Rent estimate
- $1,738/mo ZIP + bedroom comps
- Property taxes
- $2,980/yr 2% cap on assessed value $149,000
- PITIA (assumed)
- $1,267/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.37 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 63/100 DSCR 1.37 · 35% under ZIP $/sqft · new this week · registered rental
The property
- Beds / baths
- 4 / 2
- Living area
- 1,976 sq ft
- Lot
- 4,356 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22127761
- Listed
- Sep 26, 2026
- Days on market
- 6
- Listing agent
- Thano Genos · eXp Realty, LLC
3176639369 · thano.genos@exprealty.com - Price history
- First asked $180,000
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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.