Street view of 527 S Grand Ave
1 / 6
16score
↓ $10,100
$169,900
MLS Street view
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527 S Grand Ave

Indianapolis IN 46219 · Single Family · built 1946
2 bd1 ba1,015 sqft$167/sqft vs ZIP $142 +18%
0.99 lender DSCR (est.)
Rent covers the estimated payment 0.99× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,123/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 6%
The underwriting

The numbers (estimates, illustrative)

$169,900List price
$1,123Rent estimate / mo
0.99Lender DSCR (est.)
$2,106Taxes / yr · county assessor
$142ZIP median $ / sqft
16/100Deal Score

Monthly picture (illustrative)

Rent est.$1,123
− Mortgage (P&I)−$891
− Taxes−$176
− Insurance−$71
= Cash flow before vacancy & repairs$-14

The numbers

Price
$169,900
$ / sq ft
$167 ZIP median $142
Rent estimate
$1,123/mo ZIP + bedroom comps
Property taxes
$2,106/yr 2% cap on assessed value $105,300
PITIA (assumed)
$1,137/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
0.99 rent ÷ PITIA · lender floor 1.20
Deal Score
16/100 price cut 6%

The property

Beds / baths
2 / 1
Living area
1,015 sq ft
Lot
7,841 sq ft
Year built
1946
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22124120
Listed
Sep 2, 2026
Days on market
45
Listing agent
Sara Grubbs · The Modglin Group
3179878177 · sara.grubbs89@gmail.com
Price history
First asked $180,000 · previously $180,000 cut $10,100
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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.

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