Street view of 421 E 33rd St
1 / 6
45score
$350,000
MLS Street view
Search photos

421 E 33rd St

Indianapolis IN 46205 · Multi-Family · built 1910
4 bd4 ba
1.69 lender DSCR (est.)
Rent covers the estimated payment 1.69× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $3,600/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 1.69
The underwriting

The numbers (estimates, illustrative)

$350,000List price
$3,600Rent estimate / mo
1.69Lender DSCR (est.)
$1,794Taxes / yr · county assessor
$165ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$3,600
− Mortgage (P&I)−$1,835
− Taxes−$150
− Insurance−$146
= Cash flow before vacancy & repairs$1,469

The numbers

Price
$350,000
$ / sq ft
—
Rent estimate
$3,600/mo ZIP + bedroom comps
Property taxes
$1,794/yr 2% cap on assessed value $89,700
PITIA (assumed)
$2,131/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.69 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 DSCR 1.69

The property

Beds / baths
4 / 4
Living area
—
Lot
2,614 sq ft
Year built
1910
Property type
Multi-Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22130526
Listed
Oct 8, 2026
Days on market
24
Listing agent
Joe Everhart · Everhart Studio, Ltd.
3179161052 · joe@jeverhart.com
Price history
First asked $350,000
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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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