1 / 6
22score
↓ $2,100
$184,900
MLS
Street view465 S Sheridan Ave
Indianapolis IN 46219 · Single Family · built 1952
2 bd1.5 ba1,700 sqft$109/sqft vs ZIP $142 −23%
0.89 lender DSCR (est.)
Rent covers the estimated payment 0.89× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,123/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.
23% under ZIP $/sqftprice cut 1%
The underwriting
The numbers (estimates, illustrative)
$184,900List price
$1,123Rent estimate / mo
0.89Lender DSCR (est.)
$2,646Taxes / yr · county assessor
$142ZIP median $ / sqft
22/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,123 |
| − Mortgage (P&I) | −$970 |
| − Taxes | −$221 |
| − Insurance | −$77 |
| = Cash flow before vacancy & repairs | $-144 |
The numbers
- Price
- $184,900
- $ / sq ft
- $109 ZIP median $142
- Rent estimate
- $1,123/mo ZIP + bedroom comps
- Property taxes
- $2,646/yr 2% cap on assessed value $132,300
- PITIA (assumed)
- $1,267/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.89 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 22/100 23% under ZIP $/sqft · price cut 1%
The property
- Beds / baths
- 2 / 1.5
- Living area
- 1,700 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1952
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22083946
- Listed
- Mar 21, 2026
- Days on market
- 210
- Listing agent
- Cinda Cosgrove · Cosgrove Group Llc
3174453940 · cosgrovegroupllc@hotmail.com - Price history
- First asked $187,000 · previously $187,000 cut $2,100
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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.