1 / 6
24score
↓ $25,000
$224,900
MLS
Street view5163 Indianola Ave
Indianapolis IN 46205 · Single Family · built 1935
2 bd1 ba825 sqft$273/sqft vs ZIP $165 +65%
1.07 lender DSCR (est.)
Rent covers the estimated payment 1.07× · 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 11%registered rental
The underwriting
The numbers (estimates, illustrative)
$224,900List price
$1,625Rent estimate / mo
1.07Lender DSCR (est.)
$2,962Taxes / yr · county assessor
$165ZIP median $ / sqft
24/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,625 |
| − Mortgage (P&I) | −$1,179 |
| − Taxes | −$247 |
| − Insurance | −$94 |
| = Cash flow before vacancy & repairs | $105 |
The numbers
- Price
- $224,900
- $ / sq ft
- $273 ZIP median $165
- Rent estimate
- $1,625/mo ZIP + bedroom comps
- Property taxes
- $2,962/yr 2% cap on assessed value $148,100
- PITIA (assumed)
- $1,520/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.07 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 24/100 price cut 11% · registered rental
The property
- Beds / baths
- 2 / 1
- Living area
- 825 sq ft
- Lot
- 6,970 sq ft
- Year built
- 1935
- 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 #
- 22113027
- Listed
- Jul 22, 2026
- Days on market
- 87
- Listing agent
- Joshua Matthews · @properties
3178402148 · jmatthews4059@gmail.com - Price history
- First asked $249,900 · previously $249,900 cut $25,000
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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.