1 / 6
25score
↓ $10,900
$185,000
MLS
Street view4932 Lewiston Dr
Indianapolis IN 46254 · Single Family · built 1999
2 bd2.5 ba1,395 sqft$133/sqft vs ZIP $152 −13%
0.75 lender DSCR (est.)
Rent covers the estimated payment 0.75× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,106/mo (HUD fair-market rent) ÷ 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.
13% under ZIP $/sqftprice cut 6%below assessed value
The underwriting
The numbers (estimates, illustrative)
$185,000List price
$1,106Rent estimate / mo
0.75Lender DSCR (est.)
$3,744Taxes / yr · county assessor
$152ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,106 |
| − Mortgage (P&I) | −$970 |
| − Taxes | −$312 |
| − Insurance | −$77 |
| − HOA | −$125 |
| = Cash flow before vacancy & repairs | $-378 |
The numbers
- Price
- $185,000
- $ / sq ft
- $133 ZIP median $152
- Rent estimate
- $1,106/mo HUD fair-market rent
- Property taxes
- $3,744/yr 2% cap on assessed value $187,200
- PITIA (assumed)
- $1,484/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $125/mo
- Lender DSCR (est.)
- 0.75 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 13% under ZIP $/sqft · price cut 6% · below assessed value
The property
- Beds / baths
- 2 / 2.5
- Living area
- 1,395 sq ft
- Lot
- 871 sq ft
- Year built
- 1999
- Property type
- Single Family
- HOA
- $125/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22121314
- Listed
- Aug 22, 2026
- Days on market
- 56
- Listing agent
- Nicole Miller · Keller Williams Indy Metro W
3172890309 · nicolemiller@herggroup.com - Price history
- First asked $195,900 · previously $195,900 cut $10,900
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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.