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25score
$159,900
MLS
Street view4218 N Ritter Ave
Indianapolis IN 46226 · Single Family · built 1973
3 bd1.5 ba1,025 sqft$156/sqft vs ZIP $128 +22%
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,425/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 1.29
The underwriting
The numbers (estimates, illustrative)
$159,900List price
$1,425Rent estimate / mo
1.29Lender DSCR (est.)
$2,420Taxes / yr · county assessor
$128ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,425 |
| − Mortgage (P&I) | −$839 |
| − Taxes | −$202 |
| − Insurance | −$67 |
| = Cash flow before vacancy & repairs | $318 |
The numbers
- Price
- $159,900
- $ / sq ft
- $156 ZIP median $128
- Rent estimate
- $1,425/mo ZIP + bedroom comps
- Property taxes
- $2,420/yr 2% cap on assessed value $121,000
- PITIA (assumed)
- $1,107/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.29 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 DSCR 1.29
The property
- Beds / baths
- 3 / 1.5
- Living area
- 1,025 sq ft
- Lot
- 15,246 sq ft
- Year built
- 1973
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22125648
- Listed
- Sep 11, 2026
- Days on market
- 21
- Listing agent
- Juli Richardson · F.C. Tucker Company - Crosspoint
3179350010 · juli.richardson@talktotucker.com - Price history
- First asked $159,900
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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.