1 / 6
6score
New
$200,000
MLS
Street view58 E Southern Ave
Indianapolis IN 46225 · Multi-Family · built 1923
1 bd1 ba
0.91 lender DSCR (est.)
Rent covers the estimated payment 0.91× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,259/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.
new this week
The underwriting
The numbers (estimates, illustrative)
$200,000List price
$1,259Rent estimate / mo
0.91Lender DSCR (est.)
$2,990Taxes / yr · county assessor
$149ZIP median $ / sqft
6/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,259 |
| − Mortgage (P&I) | −$1,049 |
| − Taxes | −$249 |
| − Insurance | −$83 |
| = Cash flow before vacancy & repairs | $-122 |
The numbers
- Price
- $200,000
- $ / sq ft
- —
- Rent estimate
- $1,259/mo ZIP + bedroom comps
- Property taxes
- $2,990/yr 2% cap on assessed value $149,500
- PITIA (assumed)
- $1,381/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.91 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 6/100 new this week
The property
- Beds / baths
- 1 / 1
- Living area
- —
- Lot
- 9,583 sq ft
- Year built
- 1923
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22129608
- Listed
- Oct 29, 2026
- Days on market
- 3
- Listing agent
- Julie Steele · CENTURY 21 Scheetz
3177052500 · jsteele@c21scheetz.com - Price history
- First asked $200,000
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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.