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3score
$300,000
MLS
Street view5623 E 18th St
Indianapolis IN 46218 · Multi-Family · built 1930
6 bd2 ba
0.84 lender DSCR (est.)
Rent covers the estimated payment 0.84× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,695/mo (HUD fair-market rent) ÷ 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.
registered rental
The underwriting
The numbers (estimates, illustrative)
$300,000List price
$1,695Rent estimate / mo
0.84Lender DSCR (est.)
$3,872Taxes / yr · county assessor
$138ZIP median $ / sqft
3/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,695 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$323 |
| − Insurance | −$125 |
| = Cash flow before vacancy & repairs | $-326 |
The numbers
- Price
- $300,000
- $ / sq ft
- —
- Rent estimate
- $1,695/mo HUD fair-market rent
- Property taxes
- $3,872/yr 2% cap on assessed value $193,600
- PITIA (assumed)
- $2,021/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.84 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 3/100 registered rental
The property
- Beds / baths
- 6 / 2
- Living area
- —
- Lot
- 5,227 sq ft
- Year built
- 1930
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22099139
- Listed
- May 18, 2026
- Days on market
- 152
- Listing agent
- Gloria Gear · Keller Williams Indy Metro W
3177504998 · gloria@gearregroup.com - Price history
- First asked $300,000
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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.