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34score
$108,700
MLS
Street view5228 W Raymond St
Indianapolis IN 46241 · Single Family · built 1941
2 bd1 ba792 sqft$137/sqft vs ZIP $157 −13%
1.19 lender DSCR (est.)
Rent covers the estimated payment 1.19× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $975/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.
13% under ZIP $/sqftbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$108,700List price
$975Rent estimate / mo
1.19Lender DSCR (est.)
$2,450Taxes / yr · county assessor
$157ZIP median $ / sqft
34/100Deal Score
Monthly picture (illustrative)
| Rent est. | $975 |
| − Mortgage (P&I) | −$570 |
| − Taxes | −$204 |
| − Insurance | −$45 |
| = Cash flow before vacancy & repairs | $156 |
The numbers
- Price
- $108,700
- $ / sq ft
- $137 ZIP median $157
- Rent estimate
- $975/mo ZIP + bedroom comps
- Property taxes
- $2,450/yr 2% cap on assessed value $122,500
- PITIA (assumed)
- $819/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.19 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 34/100 13% under ZIP $/sqft · below assessed value
The property
- Beds / baths
- 2 / 1
- Living area
- 792 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1941
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22116972
- Listed
- Jul 28, 2026
- Days on market
- 66
- Listing agent
- Terry Young · Red Bridge Real Estate
8122168602 · terry@redbridgerealestate.com - Price history
- First asked $108,700
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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.