1 / 6
10score
↓ $18,400
$274,100
MLS
Street view4912 Evanston Ave
Indianapolis IN 46205 · Single Family · built 1926
2 bd1 ba1,301 sqft$211/sqft vs ZIP $165 +28%
0.81 lender DSCR (est.)
Rent covers the estimated payment 0.81× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,625/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.
price cut 7%
The underwriting
The numbers (estimates, illustrative)
$274,100List price
$1,625Rent estimate / mo
0.81Lender DSCR (est.)
$5,446Taxes / yr · county assessor
$165ZIP median $ / sqft
10/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,625 |
| − Mortgage (P&I) | −$1,437 |
| − Taxes | −$454 |
| − Insurance | −$114 |
| = Cash flow before vacancy & repairs | $-380 |
The numbers
- Price
- $274,100
- $ / sq ft
- $211 ZIP median $165
- Rent estimate
- $1,625/mo ZIP + bedroom comps
- Property taxes
- $5,446/yr 2% cap on assessed value $272,300
- PITIA (assumed)
- $2,005/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.81 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 10/100 price cut 7%
The property
- Beds / baths
- 2 / 1
- Living area
- 1,301 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1926
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102079
- Listed
- May 15, 2026
- Days on market
- 155
- Listing agent
- Kelli Bastin · Compass Indiana, LLC
3174986821 · kebastin@gmail.com - Price history
- First asked $292,500 · previously $292,500 cut $18,400
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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.