1 / 6
10score
New
$185,000
MLS
Street view4658 Farrington Ave
Indianapolis IN 46201 · Single Family · built 1948
2 bd1.5 ba957 sqft$193/sqft vs ZIP $140 +38%
0.90 lender DSCR (est.)
Rent covers the estimated payment 0.90× · 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.
new this weekbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$185,000List price
$1,240Rent estimate / mo
0.90Lender DSCR (est.)
$4,042Taxes / yr · county assessor
$140ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,240 |
| − Mortgage (P&I) | −$970 |
| − Taxes | −$337 |
| − Insurance | −$77 |
| = Cash flow before vacancy & repairs | $-144 |
The numbers
- Price
- $185,000
- $ / sq ft
- $193 ZIP median $140
- Rent estimate
- $1,240/mo ZIP + bedroom comps
- Property taxes
- $4,042/yr 2% cap on assessed value $202,100
- PITIA (assumed)
- $1,384/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.90 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 new this week · below assessed value
The property
- Beds / baths
- 2 / 1.5
- Living area
- 957 sq ft
- Lot
- 8,276 sq ft
- Year built
- 1948
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129289
- Listed
- Oct 1, 2026
- Days on market
- 2
- Listing agent
- Tyler Lingle · @properties
3174435258 · tyler@tylerlingle.com - Price history
- First asked $185,000
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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.