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39score
$189,900
MLS
Street view629 N Grant Ave
Indianapolis IN 46201 · Single Family · built 1920
4 bd2 ba1,284 sqft$148/sqft vs ZIP $141 +5%
1.46 lender DSCR (est.)
Rent covers the estimated payment 1.46× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,820/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 1.46registered rental
The underwriting
The numbers (estimates, illustrative)
$189,900List price
$1,820Rent estimate / mo
1.46Lender DSCR (est.)
$2,014Taxes / yr · county assessor
$141ZIP median $ / sqft
39/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,820 |
| − Mortgage (P&I) | −$996 |
| − Taxes | −$168 |
| − Insurance | −$79 |
| = Cash flow before vacancy & repairs | $577 |
The numbers
- Price
- $189,900
- $ / sq ft
- $148 ZIP median $141
- Rent estimate
- $1,820/mo ZIP + bedroom comps
- Property taxes
- $2,014/yr 2% cap on assessed value $100,700
- PITIA (assumed)
- $1,243/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.46 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 39/100 DSCR 1.46 · registered rental
The property
- Beds / baths
- 4 / 2
- Living area
- 1,284 sq ft
- Lot
- 5,663 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- Yes — registered with the city
The listing
- Source
- Standard
- MLS #
- 22099364
- Listed
- May 1, 2026
- Days on market
- 169
- Listing agent
- Juli Richardson · F.C. Tucker Company - Crosspoint
3179350010 · juli.richardson@talktotucker.com - Price history
- First asked $189,900
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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.