1 / 6
5score
New
$190,000
MLS
Street view515 Delbrick Ln
Indianapolis IN 46229 · Single Family · built 1951
2 bd1 ba1,120 sqft$170/sqft vs ZIP $139 +22%
0.80 lender DSCR (est.)
Rent covers the estimated payment 0.80× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,089/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$190,000List price
$1,089Rent estimate / mo
0.80Lender DSCR (est.)
$3,384Taxes / yr · county assessor
$139ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,089 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$282 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $-269 |
The numbers
- Price
- $190,000
- $ / sq ft
- $170 ZIP median $139
- Rent estimate
- $1,089/mo HUD fair-market rent
- Property taxes
- $3,384/yr 2% cap on assessed value $169,200
- PITIA (assumed)
- $1,358/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.80 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 2 / 1
- Living area
- 1,120 sq ft
- Lot
- 29,185 sq ft
- Year built
- 1951
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130974
- Listed
- Oct 15, 2026
- Days on market
- 3
- Listing agent
- Sue Miller · Homebound Real Estate LLC
3178615533 · sue2miller@insightbb.com - Price history
- First asked $190,000
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.