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0score
$499,000
MLS
Street view715-717 E 15th St
Indianapolis IN 46202 · Multi-Family · built 1910
3 bd2 ba
0.56 lender DSCR (est.)
Rent covers the estimated payment 0.56× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,845/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
The underwriting
The numbers (estimates, illustrative)
$499,000List price
$1,845Rent estimate / mo
0.56Lender DSCR (est.)
$5,988Taxes / yr · assumed 1.2%
$207ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,845 |
| − Mortgage (P&I) | −$2,617 |
| − Taxes | −$499 |
| − Insurance | −$208 |
| = Cash flow before vacancy & repairs | $-1,479 |
The numbers
- Price
- $499,000
- $ / sq ft
- —
- Rent estimate
- $1,845/mo ZIP + bedroom comps
- Property taxes
- $5,988/yr assumed 1.2% of price
- PITIA (assumed)
- $3,324/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.56 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2
- Living area
- —
- Lot
- 4,792 sq ft
- Year built
- 1910
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22124840
- Listed
- Sep 16, 2026
- Days on market
- 17
- Listing agent
- Bethany Jensen · Compass of Indiana, LLC
3175635051 · jay.rose@compass.com - Price history
- First asked $499,000
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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.