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35score
New
$205,000
MLS
Street view4602 N Ritter Ave
Indianapolis IN 46226 · Single Family · built 1956
3 bd1.5 ba2,944 sqft$70/sqft vs ZIP $124 −44%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · 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.
44% under ZIP $/sqftnew this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$205,000List price
$1,450Rent estimate / mo
0.80Lender DSCR (est.)
$7,706Taxes / yr · county assessor
$124ZIP median $ / sqft
35/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,450 |
| − Mortgage (P&I) | −$1,075 |
| − Taxes | −$642 |
| − Insurance | −$85 |
| = Cash flow before vacancy & repairs | $-353 |
The numbers
- Price
- $205,000
- $ / sq ft
- $70 ZIP median $124
- Rent estimate
- $1,450/mo ZIP + bedroom comps
- Property taxes
- $7,706/yr 2% cap on assessed value $385,300
- PITIA (assumed)
- $1,803/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 35/100 44% under ZIP $/sqft · new this week · below assessed value
The property
- Beds / baths
- 3 / 1.5
- Living area
- 2,944 sq ft
- Lot
- 16,553 sq ft
- Year built
- 1956
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131823
- Listed
- Oct 16, 2026
- Days on market
- 2
- Listing agent
- Emily Huskey · Keller Williams Indy Metro W
3172688287 · emilyhuskey@kw.com - Price history
- First asked $205,000
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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.