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34score
New
$289,000
MLS
Street view729 E Morris St
Indianapolis IN 46203 · Single Family · built 1890
4 bd2 ba2,197 sqft$132/sqft vs ZIP $167 −21%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $2,250/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.
21% under ZIP $/sqftnew this week
The underwriting
The numbers (estimates, illustrative)
$289,000List price
$2,250Rent estimate / mo
1.08Lender DSCR (est.)
$5,484Taxes / yr · county assessor
$167ZIP median $ / sqft
34/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,250 |
| − Mortgage (P&I) | −$1,516 |
| − Taxes | −$457 |
| − Insurance | −$120 |
| = Cash flow before vacancy & repairs | $157 |
The numbers
- Price
- $289,000
- $ / sq ft
- $132 ZIP median $167
- Rent estimate
- $2,250/mo ZIP + bedroom comps
- Property taxes
- $5,484/yr 2% cap on assessed value $274,200
- PITIA (assumed)
- $2,093/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 34/100 21% under ZIP $/sqft · new this week
The property
- Beds / baths
- 4 / 2
- Living area
- 2,197 sq ft
- Lot
- 3,920 sq ft
- Year built
- 1890
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130471
- Listed
- Oct 8, 2026
- Days on market
- 2
- Listing agent
- Tyler Renick · Tyler Knows Real Estate LLC
3172587352 · tyler@tylerknowsrealestate.com - Price history
- First asked $289,000
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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.