Street view of 4905 Hillside Ave
1 / 6
10score
New
$255,000
MLS Street view
Search photos

4905 Hillside Ave

Indianapolis IN 46205 · Single Family · built 1925
2 bd1 ba1,014 sqft$251/sqft vs ZIP $163 +54%
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. $1,499/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)

$255,000List price
$1,499Rent estimate / mo
0.78Lender DSCR (est.)
$5,874Taxes / yr · county assessor
$163ZIP median $ / sqft
10/100Deal Score

Monthly picture (illustrative)

Rent est.$1,499
− Mortgage (P&I)−$1,337
− Taxes−$490
− Insurance−$106
= Cash flow before vacancy & repairs$-434

The numbers

Price
$255,000
$ / sq ft
$251 ZIP median $163
Rent estimate
$1,499/mo ZIP + bedroom comps
Property taxes
$5,874/yr 2% cap on assessed value $293,700
PITIA (assumed)
$1,933/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
10/100 new this week · below assessed value

The property

Beds / baths
2 / 1
Living area
1,014 sq ft
Lot
5,663 sq ft
Year built
1925
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22122747
Listed
Oct 7, 2026
Days on market
3
Listing agent
Rachel Burke · CENTURY 21 Scheetz
3177052500 · rburke@c21scheetz.com
Price history
First asked $255,000
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