1 / 6
32score
↓ $9,905
$199,995
MLS
Street view4919 Indianola Ave
Indianapolis IN 46205 · Single Family · built 1946
2 bd1 ba768 sqft$260/sqft vs ZIP $165 +58%
1.20 lender DSCR (est.)
Rent covers the estimated payment 1.20× · 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 5%registered rental
The underwriting
The numbers (estimates, illustrative)
$199,995List price
$1,625Rent estimate / mo
1.20Lender DSCR (est.)
$2,716Taxes / yr · county assessor
$165ZIP median $ / sqft
32/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,625 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$226 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $267 |
The numbers
- Price
- $199,995
- $ / sq ft
- $260 ZIP median $165
- Rent estimate
- $1,625/mo ZIP + bedroom comps
- Property taxes
- $2,716/yr 2% cap on assessed value $135,800
- PITIA (assumed)
- $1,358/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.20 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 32/100 price cut 5% · registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 768 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1946
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22119499
- Listed
- Aug 11, 2026
- Days on market
- 66
- Listing agent
- Steven Schell · White Stag Realty, LLC
3176520830 · stevenschell@whitestagrealty.com - Price history
- First asked $209,900 · previously $209,900 cut $9,905
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.