1 / 6
75score
↓ $6,600
$69,900
MLS
Street view632 W 29th St
Indianapolis IN 46208 · Single Family · built 1925
3 bd2 ba1,414 sqft$49/sqft vs ZIP $126 −61%
1.72 lender DSCR (est.)
Rent covers the estimated payment 1.72× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $979/mo (rent 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 1.7261% under ZIP $/sqftverify conditionprice cut 9%
The underwriting
The numbers (estimates, illustrative)
$69,900List price
$979Rent estimate / mo
1.72Lender DSCR (est.)
$2,064Taxes / yr · county assessor
$126ZIP median $ / sqft
75/100Deal Score
Monthly picture (illustrative)
| Rent est. | $979 |
| − Mortgage (P&I) | −$367 |
| − Taxes | −$172 |
| − Insurance | −$29 |
| = Cash flow before vacancy & repairs | $411 |
The numbers
- Price
- $69,900
- $ / sq ft
- $49 ZIP median $126
- Rent estimate
- $979/mo rent comps
- Property taxes
- $2,064/yr 2% cap on assessed value $103,200
- PITIA (assumed)
- $568/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.72 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 75/100 DSCR 1.72 · 61% under ZIP $/sqft · verify condition · price cut 9%
The property
- Beds / baths
- 3 / 2
- Living area
- 1,414 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1925
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22074750
- Listed
- Dec 8, 2025
- Days on market
- 313
- Listing agent
- Samuel Barron · Barron Property Services
7654829111 · jalexander@prudentialindiana.com - Price history
- First asked $76,500 · previously $76,500 cut $6,600
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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.