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18score
$153,000
MLS
Street view4206 E 16th St
Indianapolis IN 46201 · Single Family · built 1950
2 bd1 ba672 sqft$228/sqft vs ZIP $140 +63%
1.14 lender DSCR (est.)
Rent covers the estimated payment 1.14× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,240/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.
registered rental
The underwriting
The numbers (estimates, illustrative)
$153,000List price
$1,240Rent estimate / mo
1.14Lender DSCR (est.)
$2,674Taxes / yr · county assessor
$140ZIP median $ / sqft
18/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,240 |
| − Mortgage (P&I) | −$802 |
| − Taxes | −$223 |
| − Insurance | −$64 |
| = Cash flow before vacancy & repairs | $151 |
The numbers
- Price
- $153,000
- $ / sq ft
- $228 ZIP median $140
- Rent estimate
- $1,240/mo ZIP + bedroom comps
- Property taxes
- $2,674/yr 2% cap on assessed value $133,700
- PITIA (assumed)
- $1,089/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.14 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 18/100 registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 672 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1950
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22125635
- Listed
- Sep 11, 2026
- Days on market
- 21
- Listing agent
- Shelby K Farrar · Opendoor Brokerage, LLC.
4804625392 · homes@opendoor.com - Price history
- First asked $153,000
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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.