Street view of 5965 Rawles Ave
1 / 6
59score
$145,000
MLS Street view
Search photos

5965 Rawles Ave

Indianapolis IN 46219 · Single Family · built 1921
4 bd1 ba1,139 sqft$127/sqft vs ZIP $142 −10%
1.70 lender DSCR (est.)
Rent covers the estimated payment 1.70× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,808/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.

DSCR 1.7010% under ZIP $/sqftbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$145,000List price
$1,808Rent estimate / mo
1.70Lender DSCR (est.)
$2,936Taxes / yr · county assessor
$142ZIP median $ / sqft
59/100Deal Score

Monthly picture (illustrative)

Rent est.$1,808
− Mortgage (P&I)−$760
− Taxes−$245
− Insurance−$60
= Cash flow before vacancy & repairs$743

The numbers

Price
$145,000
$ / sq ft
$127 ZIP median $142
Rent estimate
$1,808/mo HUD fair-market rent
Property taxes
$2,936/yr 2% cap on assessed value $146,800
PITIA (assumed)
$1,065/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.70 rent ÷ PITIA · lender floor 1.20
Deal Score
59/100 DSCR 1.70 · 10% under ZIP $/sqft · below assessed value

The property

Beds / baths
4 / 1
Living area
1,139 sq ft
Lot
5,227 sq ft
Year built
1921
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22057913
Listed
Aug 24, 2025
Days on market
419
Listing agent
Tom Colvin · Exp Realty, LLC
3179022315 · newindyhome@gmail.com
Price history
First asked $145,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad