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40score
$179,900
MLS
Street view517 S Warman Ave
Indianapolis IN 46222 · Single Family · built 1900
4 bd2 ba1,257 sqft$143/sqft vs ZIP $158 −9%
1.41 lender DSCR (est.)
Rent covers the estimated payment 1.41× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,808/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.
DSCR 1.419% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$179,900List price
$1,808Rent estimate / mo
1.41Lender DSCR (est.)
$3,214Taxes / yr · county assessor
$158ZIP median $ / sqft
40/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,808 |
| − Mortgage (P&I) | −$943 |
| − Taxes | −$268 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $522 |
The numbers
- Price
- $179,900
- $ / sq ft
- $143 ZIP median $158
- Rent estimate
- $1,808/mo HUD fair-market rent
- Property taxes
- $3,214/yr 2% cap on assessed value $160,700
- PITIA (assumed)
- $1,286/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.41 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 40/100 DSCR 1.41 · 9% under ZIP $/sqft
The property
- Beds / baths
- 4 / 2
- Living area
- 1,257 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1900
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22110416
- Listed
- Jun 25, 2026
- Days on market
- 114
- Listing agent
- Maria Esther García De Lasher · eXp Realty, LLC
3173159586 · realtormarialasher@gmail.com - Price history
- First asked $179,900
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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.