1 / 6
50score
$110,000
MLS
Street view406 S Lasalle St
Indianapolis IN 46201 · Single Family · built 1952
2 bd1 ba736 sqft$149/sqft vs ZIP $141 +6%
1.63 lender DSCR (est.)
Rent covers the estimated payment 1.63× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,195/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
DSCR 1.63below assessed value
The underwriting
The numbers (estimates, illustrative)
$110,000List price
$1,195Rent estimate / mo
1.63Lender DSCR (est.)
$1,320Taxes / yr · assumed 1.2%
$141ZIP median $ / sqft
50/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,195 |
| − Mortgage (P&I) | −$577 |
| − Taxes | −$110 |
| − Insurance | −$46 |
| = Cash flow before vacancy & repairs | $462 |
The numbers
- Price
- $110,000
- $ / sq ft
- $149 ZIP median $141
- Rent estimate
- $1,195/mo ZIP + bedroom comps
- Property taxes
- $1,320/yr assumed 1.2% of price
- PITIA (assumed)
- $733/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.63 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 50/100 DSCR 1.63 · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 736 sq ft
- Lot
- 5,227 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 #
- 22117106
- Listed
- Jul 31, 2026
- Days on market
- 77
- Listing agent
- Ryan Rominger · Trueblood Real Estate
3179350075 · ryan.rominger@compass.com - Price history
- First asked $110,000
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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.