Street view of 619 E 32nd St
1 / 6
45score
New
$209,000
MLS Street view
Search photos

619 E 32nd St

Indianapolis IN 46205 · Single Family · built 1910
3 bd2.5 ba1,800 sqft$116/sqft vs ZIP $163 −29%
1.15 lender DSCR (est.)
Rent covers the estimated payment 1.15× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,600/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.

29% under ZIP $/sqftnew this week
The underwriting

The numbers (estimates, illustrative)

$209,000List price
$1,600Rent estimate / mo
1.15Lender DSCR (est.)
$2,568Taxes / yr · county assessor
$163ZIP median $ / sqft
45/100Deal Score

Monthly picture (illustrative)

Rent est.$1,600
− Mortgage (P&I)−$1,096
− Taxes−$214
− Insurance−$87
= Cash flow before vacancy & repairs$203

The numbers

Price
$209,000
$ / sq ft
$116 ZIP median $163
Rent estimate
$1,600/mo ZIP + bedroom comps
Property taxes
$2,568/yr 2% cap on assessed value $128,400
PITIA (assumed)
$1,397/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.15 rent ÷ PITIA · lender floor 1.20
Deal Score
45/100 29% under ZIP $/sqft · new this week

The property

Beds / baths
3 / 2.5
Living area
1,800 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 #
22129345
Listed
Oct 2, 2026
Days on market
1
Listing agent
Kurt Clements · Diverse Property Solutions Ind
3175783827 · kurt@diversepsi.com
Price history
First asked $209,000
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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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