Street view of 607 E 32nd St
1 / 6
29score
New
$339,000
MLS Street view
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607 E 32nd St

Indianapolis IN 46205 · Single Family · built 1910
4 bd2.5 ba2,082 sqft$163/sqft vs ZIP $163 −0%
1.27 lender DSCR (est.)
Rent covers the estimated payment 1.27× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,973/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 1.27new this week
The underwriting

The numbers (estimates, illustrative)

$339,000List price
$2,973Rent estimate / mo
1.27Lender DSCR (est.)
$5,128Taxes / yr · county assessor
$163ZIP median $ / sqft
29/100Deal Score

Monthly picture (illustrative)

Rent est.$2,973
− Mortgage (P&I)−$1,778
− Taxes−$427
− Insurance−$141
= Cash flow before vacancy & repairs$627

The numbers

Price
$339,000
$ / sq ft
$163 ZIP median $163
Rent estimate
$2,973/mo ZIP + bedroom comps
Property taxes
$5,128/yr 2% cap on assessed value $256,400
PITIA (assumed)
$2,346/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.27 rent ÷ PITIA · lender floor 1.20
Deal Score
29/100 DSCR 1.27 · new this week

The property

Beds / baths
4 / 2.5
Living area
2,082 sq ft
Lot
5,227 sq ft
Year built
1910
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22129168
Listed
Oct 1, 2026
Days on market
3
Listing agent
Jan Brown · United Real Estate Indpls
3172859391 · jan.brown@talktotucker.com
Price history
First asked $339,000
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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.

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