Street view of 433 Eastern Ave
1 / 6
5score
$244,500
MLS Street view
Search photos

433 Eastern Ave

Indianapolis IN 46201 · Single Family · built 1900
3 bd1.5 ba1,476 sqft$166/sqft vs ZIP $141 +17%
0.78 lender DSCR (est.)
Rent covers the estimated payment 0.78× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,450/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.

below assessed value
The underwriting

The numbers (estimates, illustrative)

$244,500List price
$1,450Rent estimate / mo
0.78Lender DSCR (est.)
$5,792Taxes / yr · county assessor
$141ZIP median $ / sqft
5/100Deal Score

Monthly picture (illustrative)

Rent est.$1,450
− Mortgage (P&I)−$1,282
− Taxes−$483
− Insurance−$102
= Cash flow before vacancy & repairs$-417

The numbers

Price
$244,500
$ / sq ft
$166 ZIP median $141
Rent estimate
$1,450/mo ZIP + bedroom comps
Property taxes
$5,792/yr 2% cap on assessed value $289,600
PITIA (assumed)
$1,867/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.78 rent ÷ PITIA · lender floor 1.20
Deal Score
5/100 below assessed value

The property

Beds / baths
3 / 1.5
Living area
1,476 sq ft
Lot
3,485 sq ft
Year built
1900
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22089909
Listed
Mar 21, 2026
Days on market
210
Listing agent
Leticia Latinovich · Real Broker, LLC
3179378755 · l.latinovich@gmail.com
Price history
First asked $244,500
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad