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45score
$175,000
MLS
Street view5940 Laurel St
Indianapolis IN 46227 · Single Family · built 1930
4 bd2.5 ba2,340 sqft$75/sqft vs ZIP $157 −52%
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,700/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.
DSCR 1.2952% under ZIP $/sqftverify conditionbelow assessed value
The underwriting
The numbers (estimates, illustrative)
$175,000List price
$1,700Rent estimate / mo
1.29Lender DSCR (est.)
$3,886Taxes / yr · county assessor
$157ZIP median $ / sqft
45/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,700 |
| − Mortgage (P&I) | −$918 |
| − Taxes | −$324 |
| − Insurance | −$73 |
| = Cash flow before vacancy & repairs | $386 |
The numbers
- Price
- $175,000
- $ / sq ft
- $75 ZIP median $157
- Rent estimate
- $1,700/mo ZIP + bedroom comps
- Property taxes
- $3,886/yr 2% cap on assessed value $194,300
- PITIA (assumed)
- $1,314/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.29 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 45/100 DSCR 1.29 · 52% under ZIP $/sqft · verify condition · below assessed value
The property
- Beds / baths
- 4 / 2.5
- Living area
- 2,340 sq ft
- Lot
- 21,780 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 2026012707
- Listed
- Oct 21, 2026
- Days on market
- 10
- Listing agent
- Andy Wolf | Gourmet Home Group · eXp Realty, LLC
5024276477 · andy@gourmethomegroup.com - Price history
- First asked $175,000
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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.