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17score
$140,000
MLS
Street view4031 W Michigan St
Indianapolis IN 46222 · Single Family · built 1952
2 bd1 ba720 sqft$194/sqft vs ZIP $158 +23%
1.16 lender DSCR (est.)
Rent covers the estimated payment 1.16× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,033/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)
$140,000List price
$1,033Rent estimate / mo
1.16Lender DSCR (est.)
$1,184Taxes / yr · county assessor
$158ZIP median $ / sqft
17/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,033 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$99 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $142 |
The numbers
- Price
- $140,000
- $ / sq ft
- $194 ZIP median $158
- Rent estimate
- $1,033/mo ZIP + bedroom comps
- Property taxes
- $1,184/yr 2% cap on assessed value $59,200
- PITIA (assumed)
- $891/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 17/100
The property
- Beds / baths
- 2 / 1
- Living area
- 720 sq ft
- Lot
- 10,890 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110526
- Listed
- Jun 26, 2026
- Days on market
- 113
- Listing agent
- Julie Comella · F.C. Tucker Company - West
3172711700 · juliecomella@ameritech.net - Price history
- First asked $140,000
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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.