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45score
↓ $2
$179,995
MLS
Street view623 Eugene St
Indianapolis IN 46208 · Multi-Family · built 1919
4 bd2 ba
1.67 lender DSCR (est.)
Rent covers the estimated payment 1.67× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,095/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 1.67price cut 0%
The underwriting
The numbers (estimates, illustrative)
$179,995List price
$2,095Rent estimate / mo
1.67Lender DSCR (est.)
$2,812Taxes / yr · county assessor
$126ZIP median $ / sqft
45/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,095 |
| − Mortgage (P&I) | −$944 |
| − Taxes | −$234 |
| − Insurance | −$75 |
| = Cash flow before vacancy & repairs | $842 |
The numbers
- Price
- $179,995
- $ / sq ft
- —
- Rent estimate
- $2,095/mo ZIP + bedroom comps
- Property taxes
- $2,812/yr 2% cap on assessed value $140,600
- PITIA (assumed)
- $1,253/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.67 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 45/100 DSCR 1.67 · price cut 0%
The property
- Beds / baths
- 4 / 2
- Living area
- —
- Lot
- 5,227 sq ft
- Year built
- 1919
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22104873
- Listed
- Jun 15, 2026
- Days on market
- 124
- Listing agent
- Gary Beresford · Knight Realty Group
9703908927 · gary.r.beresford@gmail.com - Price history
- First asked $179,997 · previously $179,997 cut $2
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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.