1 / 6
30score
↓ $12,500
$235,000
MLS
Street view554 N Oakland Ave
Indianapolis IN 46201 · Single Family · built 1920
4 bd2 ba1,860 sqft$126/sqft vs ZIP $141 −10%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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.
10% under ZIP $/sqftprice cut 5%
The underwriting
The numbers (estimates, illustrative)
$235,000List price
$1,820Rent estimate / mo
1.08Lender DSCR (est.)
$4,348Taxes / yr · county assessor
$141ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$1,232 |
| − Taxes | −$362 |
| − Insurance | −$98 |
| = Cash flow before vacancy & repairs | $127 |
The numbers
- Price
- $235,000
- $ / sq ft
- $126 ZIP median $141
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $4,348/yr 2% cap on assessed value $217,400
- PITIA (assumed)
- $1,693/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 10% under ZIP $/sqft · price cut 5%
The property
- Beds / baths
- 4 / 2
- Living area
- 1,860 sq ft
- Lot
- 4,792 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22094651
- Listed
- Apr 10, 2026
- Days on market
- 190
- Listing agent
- Jim Abner · Exp Realty, LLC
3177165044 · jim@theabnergroup.com - Price history
- First asked $247,500 · previously $239,500 cut $12,500
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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.