1 / 6
75score
↓ $9,000
$54,900
MLS
Street view643 Warren Ave
Indianapolis IN 46221 · Single Family · built 1930
3 bd1 ba1,051 sqft$52/sqft vs ZIP $147 −64%
1.65 lender DSCR (est.)
Rent covers the estimated payment 1.65× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $769/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 1.6565% under ZIP $/sqftverify conditionprice cut 16%
The underwriting
The numbers (estimates, illustrative)
$54,900List price
$769Rent estimate / mo
1.65Lender DSCR (est.)
$1,868Taxes / yr · county assessor
$147ZIP median $ / sqft
75/100Deal Score
Monthly picture (illustrative)
| Rent est. | $769 |
| − Mortgage (P&I) | −$288 |
| − Taxes | −$156 |
| − Insurance | −$23 |
| = Cash flow before vacancy & repairs | $303 |
The numbers
- Price
- $54,900
- $ / sq ft
- $52 ZIP median $147
- Rent estimate
- $769/mo rent comps
- Property taxes
- $1,868/yr 2% cap on assessed value $93,400
- PITIA (assumed)
- $466/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 75/100 DSCR 1.65 · 65% under ZIP $/sqft · verify condition · price cut 16%
The property
- Beds / baths
- 3 / 1
- Living area
- 1,051 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1930
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- 500
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22093214
- Listed
- Apr 9, 2026
- Days on market
- 191
- Listing agent
- List With Ben, LLC
3175401553 · sales@investwithben.com - Price history
- First asked $63,900 · previously $63,900 cut $9,000
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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.