1 / 6
70score
New
$49,000
MLS
Street view520 N Dearborn St
Indianapolis IN 46201 · Single Family · built 1912
3 bd1 ba1,586 sqft$31/sqft vs ZIP $140 −78%
2.10 lender DSCR (est.)
Rent covers the estimated payment 2.10× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $686/mo (rent comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
DSCR 2.1078% under ZIP $/sqftverify conditionnew this week
The underwriting
The numbers (estimates, illustrative)
$49,000List price
$686Rent estimate / mo
2.10Lender DSCR (est.)
$588Taxes / yr · assumed 1.2%
$140ZIP median $ / sqft
70/100Deal Score
Monthly picture (illustrative)
| Rent est. | $686 |
| − Mortgage (P&I) | −$257 |
| − Taxes | −$49 |
| − Insurance | −$20 |
| = Cash flow before vacancy & repairs | $360 |
The numbers
- Price
- $49,000
- $ / sq ft
- $31 ZIP median $140
- Rent estimate
- $686/mo rent comps
- Property taxes
- $588/yr assumed 1.2% of price
- PITIA (assumed)
- $326/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 2.10 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 70/100 DSCR 2.10 · 78% under ZIP $/sqft · verify condition · new this week
The property
- Beds / baths
- 3 / 1
- Living area
- 1,586 sq ft
- Lot
- 4,356 sq ft
- Year built
- 1912
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22128392
- Listed
- Oct 6, 2026
- Days on market
- 2
- Listing agent
- Peter Stewart · Keller Williams Indpls Metro N
3174509202 · peter@peterstewartrealty.com - Price history
- First asked $49,000
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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.