Street view of 406 N Denny St
1 / 6
70score
$167,000
MLS Street view
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406 N Denny St

Indianapolis IN 46201 · Single Family · built 1955
4 bd2 ba1,928 sqft$87/sqft vs ZIP $141 −39%
1.65 lender DSCR (est.)
Rent covers the estimated payment 1.65× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,820/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 1.6538% under ZIP $/sqft
The underwriting

The numbers (estimates, illustrative)

$167,000List price
$1,820Rent estimate / mo
1.65Lender DSCR (est.)
$1,930Taxes / yr · county assessor
$141ZIP median $ / sqft
70/100Deal Score

Monthly picture (illustrative)

Rent est.$1,820
− Mortgage (P&I)−$876
− Taxes−$161
− Insurance−$70
= Cash flow before vacancy & repairs$714

The numbers

Price
$167,000
$ / sq ft
$87 ZIP median $141
Rent estimate
$1,820/mo ZIP + bedroom comps
Property taxes
$1,930/yr 2% cap on assessed value $96,500
PITIA (assumed)
$1,106/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.65 rent ÷ PITIA · lender floor 1.20
Deal Score
70/100 DSCR 1.65 · 38% under ZIP $/sqft

The property

Beds / baths
4 / 2
Living area
1,928 sq ft
Lot
5,227 sq ft
Year built
1955
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22116243
Listed
Jul 24, 2026
Days on market
85
Listing agent
Alexander Moore · FULL CANOPY REAL ESTATE, LLC
3174425514 · alex@fullcanopyre.com
Price history
First asked $167,000
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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.

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