Street view of 535 W 29th St
1 / 6
75score
New
$89,900
MLS Street view
Search photos

535 W 29th St

Indianapolis IN 46208 · Single Family · built 1925
3 bd1 ba1,170 sqft$77/sqft vs ZIP $131 −41%
1.97 lender DSCR (est.)
Rent covers the estimated payment 1.97× · walk-away floor 1.20 · low confidence
How we compute this

Rent est. $1,259/mo (rent 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.

DSCR 1.9741% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$89,900List price
$1,259Rent estimate / mo
1.97Lender DSCR (est.)
$1,558Taxes / yr · county assessor
$131ZIP median $ / sqft
75/100Deal Score

Monthly picture (illustrative)

Rent est.$1,259
− Mortgage (P&I)−$471
− Taxes−$130
− Insurance−$37
= Cash flow before vacancy & repairs$620

The numbers

Price
$89,900
$ / sq ft
$77 ZIP median $131
Rent estimate
$1,259/mo rent comps
Property taxes
$1,558/yr 2% cap on assessed value $77,900
PITIA (assumed)
$639/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.97 rent ÷ PITIA · lender floor 1.20
Deal Score
75/100 DSCR 1.97 · 41% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 1
Living area
1,170 sq ft
Lot
5,227 sq ft
Year built
1925
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22129735
Listed
Oct 6, 2026
Days on market
2
Listing agent
Mia Chatman · Austyn Avenue Real Estate
3178430011 · mia@austynavenue.com
Price history
First asked $89,900
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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.

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