1 / 6
70score
New
$94,900
MLS
Street view448 N Gray St
Indianapolis IN 46201 · Single Family · built 1920
2 bd1 ba1,642 sqft$58/sqft vs ZIP $140 −59%
1.74 lender DSCR (est.)
Rent covers the estimated payment 1.74× · 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.
DSCR 1.7459% under ZIP $/sqftverify conditionnew this week
The underwriting
The numbers (estimates, illustrative)
$94,900List price
$1,240Rent estimate / mo
1.74Lender DSCR (est.)
$2,104Taxes / yr · county assessor
$140ZIP median $ / sqft
70/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,240 |
| − Mortgage (P&I) | −$498 |
| − Taxes | −$175 |
| − Insurance | −$40 |
| = Cash flow before vacancy & repairs | $527 |
The numbers
- Price
- $94,900
- $ / sq ft
- $58 ZIP median $140
- Rent estimate
- $1,240/mo ZIP + bedroom comps
- Property taxes
- $2,104/yr 2% cap on assessed value $105,200
- PITIA (assumed)
- $713/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 70/100 DSCR 1.74 · 59% under ZIP $/sqft · verify condition · new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 1,642 sq ft
- Lot
- 7,841 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128120
- Listed
- Sep 25, 2026
- Days on market
- 7
- Listing agent
- Daniel Witte · Witte Realty Group LLC
3177523330 · dwitte@witterealtygroup.com - Price history
- First asked $94,900
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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.